HIVE Blockchain Provides February 2023 Production Update

HIVE announces production figures from the Company’s global Bitcoin operations for the month of February 2023, with 250 Bitcoin produced and a current BTC HODL balance of approximately 2,340 Bitcoin mined using computational power sourced from green energy. The Company notes it reached over 3 Exahash (EH) of Bitcoin mining capacity in February.
The Company’s total Bitcoin production in February 2023 was:
• 250 BTC produced;
• 8.9 BTC produced per day on average;
• 2.81 Exahash of BTC Hashrate as of February 28, comprised of 2.58 Exahash of ASIC BTC hashrate and 0.23 Exahash of GPU BTC equivalent hashrate;
• Monthly average of 2.75 Exahash, which is equal to 91 Bitcoin per Exahash, comprised of an average of 2.58 Exahash of ASIC mining capacity and average of 170 PH/s of Bitcoin GPU mining capacity during the month.