Hive Blockchain Technologies Limited

drunkmonkey

RoboKlopp wrote: »

Bitcoin on a serious bull run which is having an effect on everything

Ether up 7%, Hive up 20% and climbing

Bobeagleburger

A factor in bitcoin rising

Today saw the appointment of David Solomon as the new chief executive of US investment bank Goldman Sachs, who's currently the firm's current chief operating officer. Last month Soloman said Goldman is looking in to adding further bitcoin and cryptocurrency services.

Many bitcoin faithful are hoping that as the mainstream financial services industry bets on bitcoin, the price will rise back to levels last seen in December last year — an possibly higher.

https://www.forbes.com/sites/billybambrough/2018/07/17/the-bitcoin-price-is-up-10-in-24-hours-to-over-7000-whats-pushing-it-up/#34aba3272a8f

drunkmonkey

Another million in 30 minutes, must be institutional money piling in.

q85dw7osi4lebg

Going by stockhouse, JP Morgan have now taken a small stake of c 200k shares.

OwlsZat

What have I missed! Are we feeling confident for tomorrow??

q85dw7osi4lebg

BTC and ETH up 15% in 48 hours, so that has some bearing. But institutional investors obviously feeling confident about earnings if getting in at this stage.

drunkmonkey

OwlsZat wrote: »

What have I missed! Are we feeling confident for tomorrow??

12mts audited accounts, bitcoin on the rise, sec meeting and good news allround. Over 10 million trades today, either serious profit taking tomorrow or it's going nuclear.

OwlsZat

drunkmonkey wrote: »

12mts audited accounts, bitcoin on the rise, sec meeting and good news allround. Over 10 million trades today, either serious profit taking tomorrow or it's going nuclear.

Expect it to rise, lot's of warrants outstanding too though.

drunkmonkey

OwlsZat wrote: »

Expect it to rise, lot's of warrants outstanding too though.

Think it's 48 million, asked Degiro to list them but they said no. Not sure why they didn't give a reason.

Captainsatnav

drunkmonkey wrote: »

Think it's 48 million, asked Degiro to list them but they said no. Not sure why they didn't give a reason.

yea the delay is annoying. Portfolio position's not accurate.

Captainsatnav

https://www.fool.ca/2018/07/18/ride-the-cryptocurrency-and-blockchain-craze-with-hive-blockchain-technologies-ltd-tsxvhive/

For benefit of anyone think of dabbling a couple of euro

drunkmonkey

Captainsatnav wrote: »

https://www.fool.ca/2018/07/18/ride-the-cryptocurrency-and-blockchain-craze-with-hive-blockchain-technologies-ltd-tsxvhive/

For benefit of anyone think of dabbling a couple of euro

Those guys are always negative on Hive that's surprisingly positive from them.

Bobeagleburger

Serious sell off today. Should hit below 90c

Captainsatnav

RoboKlopp wrote: »

Serious sell off today. Should hit below 90c

So not looking like a 10% bump. As you were.

q85dw7osi4lebg

People are selling but people are buying. Wouldn't worry too much.

Major institutional investors aren't selling.

Bobeagleburger

RoboKlopp wrote: »

Serious sell off today. Should hit below 90c

Or maybe not

drunkmonkey

RoboKlopp wrote: »

Or maybe not

Probably is going under 90 looks like the bitcoin is out of puff.

q85dw7osi4lebg

drunkmonkey wrote: »

Probably is going under 90 looks like the bitcoin is out of puff.

Yet still up 16% in 48 hours.

Still haven't found a direct correlation between ETH / BTC and HIVE.

Praying to the crypto Gods for good financials shortly.

drunkmonkey

Any sign of the earnings report, thought we'd have seen it by now.

q85dw7osi4lebg

I keep refreshing the page. Webcast in the morning but hoping results out before then.

drunkmonkey

Stephen Wooden Boot wrote: »

I keep refreshing the page. Webcast in the morning but hoping results out before then.

Said they were out after market close this evening, thinking it's after states not canada now could be the delay.

drunkmonkey

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004998

Bobeagleburger

Results

https://mailchi.mp/94b76e197d98/hive-blockchain-releases-fourth-quarter-and-full-year-2018-financial-results-and-provides-operational-update?e=e1aa5ee7f7

OwlsZat

Email on Q4, just arrived
FY 2018 Highlights
Generated revenues of $13,081,395, with a gross mining margin of $10,139,931, from mining of digital currencies;
Mined over 17,000 newly minted Ethereum and 54,000 Ethereum Classic coins during the year ended March 31, 2018, including fourth quarter production of 9,800 Ethereum and 34,000 Ethereum Classic coins representing an increase of 136% and 170%, respectively over third quarter production;
Raised gross proceeds of $160 million (C$203 million) of growth capital during the year to finance rapid expansion and future growth opportunities and investments;
Expanded operations with Genesis dedicated to GPU-based digital currencies such as Ethereum and Ethereum Classic in Sweden and Iceland, with a total of 17.4 megawatts (“MW”) in production at March 31, 2018 and a further 6.8 MW commencing production after March 31, 2018. The Company currently has 20.4 MW in Sweden (the “Sweden GPU Data Centre”) and 3.8 MW in Iceland, bringing the Company’s digital currency mining footprint to a total of 24.2 MW since its Change of Business in September 2017
Executed further strategic partnership agreement with Genesis to expand capacity with SHA-256 ASIC miners capable of mining Bitcoin, including 20 MW to be dedicated to the operation of 200 petahashes (“PHs”), with estimated delivery in September 2018
Return on investment of 20% by March 2018 through investment of $38,284,690 in data centre equipment since September 2017 which has generated digital currencies with a value of $7,754,307 (excluding $22,000,000 investment for Sweden phase 2 which came online March 2018);
Net loss of $26,159,978 for the year, including a one-time charge of $17,741,024 for the formation of the strategic relationship with Genesis, representing 68% of the loss; and
Announced in March 2018 and closed subsequent to year end, the acquisition of Kolos Norway AS (“Kolos”) provides a critical path for growth for the Company and the potential to access a substantial amount of competitive green power in a safe jurisdiction.

Read more at http://www.stockhouse.com/companies/bullboard/v.hive/hive-blockchain-technologies-ltd#uwSJ8xZMbBBesM3U.99

q85dw7osi4lebg

Can't complain. With over 44 MW on line by September we should be laughing.

drunkmonkey

Stephen Wooden Boot wrote: »

Can't complain. With over 44 MW on line by September we should be laughing.

Q1 financials end of September should put them in profit if i'm reading it correctly it's too late to digest. Looks like we have a business on our hands though.

q85dw7osi4lebg

A profitable business after 12 months with revenues in excess of $2m a MW ($80++ million a year). What's not to be excited about!

drunkmonkey

Stephen Wooden Boot wrote: »

A profitable business after 12 months with revenues in excess of $2m a MW ($80++ million a year). What's not to be excited about!

Kinda thing Elon has wet dreams about.

Bobeagleburger

Bitcoin in bull mode today. Should see a big rise

Captainsatnav

Kabooom