HIVE Blockchain to Release Fourth Quarter and Fiscal Year 2018 Financial Results on July 18 2018
Zug, Switzerland and Vancouver, Canada – June 29, 2018 (Investorideas.com Newswire) HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTC:HVBTF) (the "Company" or "HIVE") will be announcing its financial results for the three and twelve months ended March 31, 2018 on Wednesday, July 18 2018 after market close.
Management will host a webcast on Thursday, July 19 2018 at 8:30am EST to discuss the Fiscal 2018 Q4 and Full Year results. Harry Pokrandt, CEO, President and Director; and Jessica Van Den Akker, Chief Financial Officer, will participate in the webcast.
- In January 2018, HIVE Blockchain successfully operationalized 6.8 Megawatt ("MW") of capacity with the launch of Sweden Phase 1.
- In March 2018, the Company announced the acquisition of Kolos Norway AS in Norway, which provides significant expansion opportunities to the Company.
- Blockchain mined over 17,000 Ethereum coins, and 54,000 Ethereum Classic coins.
- Subsequent to quarter end, the Company doubled production by bringing Sweden Phases 2 and 3 online which results in total mining capacity in Sweden of 20.4 MW and brings overall mining capacity to 24.2 MW.
HIVE Blockchain continues to execute on its strategy of expanding mining capacity within stable jurisdictions with access to green, low cost power and high-speed internet." said Harry Pokrandt, CEO and Director of HIVE.
About HIVE Blockchain Technologies Ltd.
"HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE is strategically partnered with Genesis Mining Ltd. to build the next generation of blockchain infrastructure. HIVE owns state-of-the-art GPU-based digital currency mining facilities in Iceland and Sweden, which produce newly minted digital currencies like Ethereum continuously, and provides shareholders with exposure to the operating margins of digital currency mining as well as a growing portfolio of crypto-coins.
On Behalf Of HIVE Blockchain Technologies Ltd.
President, CEO and Director
Tel: (604) 664-1078
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