[ad_1] <br><div id="story"><p>Vancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - HIVE Blockchain Applied sciences Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: HBFA) (the "Firm" or "HIVE") happy to announce that our <a target="_blank" href="https://api.newsfilecorp.com/redirect/bAYqguxnn2" rel="noopener">fiscal Q3 earnings webcast</a> for the three and 9 months ended December 31, 2022 is now out there.</p><p>This launch represents the primary full quarter after the Ethereum Merge, which negatively impacted HIVE's income and mining margins.</p><p>Nevertheless, the Firm maintained a constructive mining margin and grew Bitcoin manufacturing year-over-year, regardless of a 60% improve in mining problem.</p><p>Moreover, HIVE noticed speedy progress in its high-performance computing (HPC) enterprise line, which makes use of our highly effective GPUs. This enterprise reached a $1.3 million run fee, and administration sees vital room for progress on this space. </p><p>HIVE operates a fleet of highly effective NVIDIA 80GB business GPUs, and with the lately advances in synthetic intelligence (AI), such industrial GPUs are in excessive demand. </p><p>Highlights:</p><ul><li>13% YoY improve in Bitcoin mined, regardless of ~60% problem improve</li><li>$3.6 million gross mining margin</li><li>Bitcoin holdings elevated 30% YoY</li><li>Pre-tax internet lack of $90 million resulting from impairment in worth of ASIC's, GPU's and digital currencies </li><li>Reached $1.3 million run fee for HPC/AI operations</li></ul><p>Choose slides from the presentation:</p><p style="text-align: center;"><a target="_blank" href="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_001full.jpg" rel="nofollow noopener"><img alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_001.jpg" src="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_001.jpg" style="border-width: 0px;"/></a></p><p style="text-align: center;">Determine 1</p><p style="text-align: center;">To view an enhanced model of this graphic, please go to:<br/><a target="_blank" href="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_001full.jpg" rel="nofollow noopener">https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_001full.jpg</a></p><p style="text-align: center;"><a target="_blank" href="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_002full.jpg" rel="nofollow noopener"><img alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_002.jpg" src="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_002.jpg" style="border-width: 0px;"/></a></p><p style="text-align: center;">Determine 2</p><p style="text-align: center;">To view an enhanced model of this graphic, please go to:<br/><a target="_blank" href="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_002full.jpg" rel="nofollow noopener">https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_002full.jpg</a></p><p style="text-align: center;"><a target="_blank" href="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_003full.jpg" rel="nofollow noopener"><img alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_003.jpg" src="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_003.jpg" style="border-width: 0px;"/></a></p><p style="text-align: center;">Determine 3</p><p style="text-align: center;">To view an enhanced model of this graphic, please go to:<br/><a target="_blank" href="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_003full.jpg" rel="nofollow noopener">https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_003full.jpg</a></p><p><a target="_blank" href="https://api.newsfilecorp.com/redirect/3emPKhbXXZ" rel="noopener">View the full presentation on YouTube</a>. </p><p><b>About HIVE Blockchain Applied sciences Ltd.</b></p><p>HIVE Blockchain Applied sciences Ltd. went public in 2017 as the primary cryptocurrency mining firm with a inexperienced power and ESG technique.</p><p>HIVE is a growth-oriented know-how inventory within the emergent blockchain business. As an organization whose shares commerce on a serious inventory trade, we're constructing a bridge between the digital forex and blockchain sector and conventional capital markets. HIVE owns state-of-the-art, inexperienced energy-powered information centre services in Canada, Sweden, and Iceland, the place we supply inexperienced power to mine on the cloud and endeavour to construct a major HODL place of Bitcoin. Because the starting of 2021, HIVE has held in safe storage the vast majority of its ETH and BTC coin mining rewards. Our shares present traders with publicity to the working margins of digital forex mining, in addition to a portfolio of cryptocurrencies comparable to BTC. As a result of HIVE additionally owns onerous belongings comparable to information facilities and superior multi-use servers, we consider our shares supply traders a sexy method to achieve publicity to the cryptocurrency house.</p><p>For extra info and to register to HIVE's mailing listing, please go to <a target="_blank" href="https://api.newsfilecorp.com/redirect/NNrj3ig33Y" rel="noopener">www.HIVEblockchain.com</a>. Comply with <a target="_blank" href="https://api.newsfilecorp.com/redirect/XnkoECbQQ3" rel="noopener">@HIVEblockchain on Twitter</a> and subscribe to <a target="_blank" href="https://api.newsfilecorp.com/redirect/D3K1OcjLLO" rel="noopener">HIVE's YouTube channel</a>.</p><p>On Behalf of HIVE Blockchain Applied sciences Ltd.</p><p><i>"Frank Holmes"</i><br/>Government Chairman</p><p>For additional info please contact:</p><p>Frank Holmes<br/>Tel: (604) 664-1078</p><p><i>Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this information launch. </i></p><p id="corporateNewsLogoContainer"><img alt="Corporate Logo" id="corporateNewsLogo" src="https://images.newsfilecorp.com/files/5335/156599_41fcf50ed4ef9a36_logo.jpg"/></p><p id="corporateLinkBack">To view the supply model of this press launch, please go to <a target="_blank" href="https://api.newsfilecorp.com/redirect/rYrVpUDpp2" rel="noopener">https://www.newsfilecorp.com/release/156599</a></p><p><img alt="" src="https://api.newsfilecorp.com/newsinfo/156599/310"/></p></div> <br>[ad_2] <br><a href="https://www.investorsobserver.com/news/qm-pr/6678049601585931">Source link </a>