NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Announces Quarterly Revenue of $29.6M, 31% YOY Increase in Bitcoin Production
HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA), a leading digital asset miner and green-focused data center builder and operator, today announced the earnings report for the second quarter ended Sept. 30, 2022. Among the highlights, HIVE announced that it achieved revenue of $29.6 million this quarter, through mining 858 green and clean Bitcoin and 7,309 Ethereum, which were subsequently sold to reinvest in new ASIC mining equipment. As such, HIVE’s production of Bitcoin increased by 4.5% quarter over quarter while its average daily production of Ethereum increased from 84.3 ETH per day to 94.9 ETH this quarter, prior…







