HIVE - HIVE Blockchain Technologies reports Q3 results

• HIVE Blockchain Technologies press release ( NASDAQ: HIVE ): Q3
• Revenue of $14.3M (-51.7% Q/Q) misses by $0.04M , by mining 787 Bitcoin, with a 25% gross mining margin.
• HIVE achieved a gross mining margin of $3.6M for the quarter, a 77% decrease over the prior quarter of $15.9M.
• The company notes that HIVE's production of 787 Bitcoin this quarter represents an increase of 13% Y/Y.
• HIVE's average cost of production per Bitcoin was $13,599  for the quarter ending December 31, 2022.
• Adjusted EBITDA of $1.5M for the three-month period.

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