Blockchain
HIVE Blockchain Provides January 2022 Production Update
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated February 2, 2021 to its amended and restated short form base shelf prospectus dated January 4, 2022.
Vancouver, British Columbia–(Newsfile Corp. – February 4, 2022) – HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBF) (the “Company” or “HIVE”) is pleased to announce the production figures from the Company’s global Bitcoin and Ethereum mining operations for the month of January 2022, with a BTC HODL balance of 2,043 Bitcoin and 25,404 Ethereum as of January 31, 2022.
January 2022 Production Figures
HIVE is pleased to announce its January 2022 production figures and mining capacity:
- 264 BTC Produced
- 1.87 Exahash of Bitcoin mining capacity
- 2,170 ETH Equivalent Produced
- 4.56 Terahash of Ethereum mining capacity
Frank Holmes, Executive Chairman of HIVE stated “We are again pleased that HIVE carries on with its strong momentum in expanding Bitcoin hashing power even as the network difficulty continues its upward movement. In January we produced an average of 8.5 BTC per day, and we are pleased to note that as of today, we are producing approximately 8.9 BTC a day. Our Bitcoin hashing power increased in January and at the calendar month-end our hashrate was 1.87 Exahash, which translated into a 10% increase in BTC mining hashrate on a month over month basis, while BTC prices corrected.”
Aydin Kilic, President & COO of HIVE noted “We continue to strive for operational excellence, ensuring that as we scale our hashrate we also optimize our uptime, to ensure ideal Bitcoin and Ethereum output figures. Mr. Kilic continued, “We also would like to provide an update on the BTC and ETH equivalency, where one can equate the value of the coins produced daily. As such the ETH that HIVE produced during the month of January, equated on a daily basis, is approximately equal to a monthly total of 161 BTC, which we refer to as Bitcoin equivalent or BTC equivalent. This is in addition to the 264 BTC produced from our Bitcoin mining operations during January, for a total of 425 Bitcoin equivalent.”
The Company’s total Bitcoin equivalent production in January 2022 was:
- 425 BTC Equivalent Produced
- 13.7 BTC Equivalent produced per day on average
- 2.9 Exahash of BTC Equivalent Hashrate (BTC hashrate plus equivalent ETH Hashrate)
Network Mining Difficulty and Energy Markets
The Bitcoin network difficulty increased as much as 10% and similarly the Ethereum network difficulty increased approximately 7.5% during the month of January. These factors impact our gross profit margins. Our January production would have been higher than actuals, however the extremely cold weather in Canada has caused Quebec Hydro to cut back 100 hours of energy consumption, under a curtailment agreement. This seasonal curtailment affects numerous crypto-mining companies operating in Quebec, along with HIVE. In addition, in New Brunswick we are experiencing, as expected, a temporary seasonal rise in energy prices. We are happy we have continued to expand our facilities and new equipment has arrived during the month to increase our PH to 1.87 Exahash for BTC mining.
About HIVE Blockchain Technologies Ltd.
HIVE Blockchain Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy.
HIVE is a growth-oriented technology stock in the emergent blockchain industry. As a company whose shares trade on a major stock exchange, we are building a bridge between the digital currency and blockchain sector and traditional capital markets. HIVE owns state-of-the-art, green energy-powered data centre facilities in Canada, Sweden, and Iceland, where we source only green energy to mine on the cloud and HODL both Ethereum and Bitcoin. Since the beginning of 2021, HIVE has held in secure storage the majority of its ETH and BTC coin mining rewards. Our shares provide investors with exposure to the operating margins of digital currency mining, as well as a portfolio of cryptocurrencies such as ETH and BTC. Because HIVE also owns hard assets such as data centers and advanced multi-use servers, we believe our shares offer investors an attractive way to gain exposure to the cryptocurrency space.
We encourage you to visit HIVE’s YouTube channel here to learn more about HIVE.
For more information and to register to HIVE’s mailing list, please visit www.HIVEblockchain.com. Follow @HIVEblockchain on Twitter and subscribe to HIVE’s YouTube channel.
On Behalf of HIVE Blockchain Technologies Ltd.
“Frank Holmes”
Executive Chairman
For further information please contact:
Frank Holmes
Tel: (604) 664-1078
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
Except for the statements of historical fact, this news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. “Forward-looking information” in this news release includes, but is not limited to, business goals and objectives of the Company; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the volatility of the digital currency market; the Company’s ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; continued effects of the COVID-19 pandemic may have a material adverse effect on the Company’s performance as supply chains are disrupted and prevent the Company from carrying out its expansion plans or operating its assets; and other related risks as more fully set out in the registration statement of Company and other documents disclosed under the Company’s filings at www.sec.gov/EDGAR and www.sedar.com.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company’s objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
Blockchain innovation continues to accelerate, weaving together emerging technologies, sustainability goals, and new financial models. In today’s Blocks & Headlines briefing—May 20, 2025—we explore five groundbreaking stories: Cerebra Supernova’s AI-blockchain energy convergence, Chainlink/Kinexys/Ondo’s blockchain DVP trial, the launch of Blockchain Cloud Mining’s “Master” digital-gold platform, Sakhila Mirza steering Responsible Gold’s blockchain expansion, and Automobili Estrema’s NFT-powered “Dizzy Viper” art drop. Each development signals how Web3, DeFi, and NFTs are reshaping finance, supply chains, and creative industries. Below, we strip away hyperlinks, offer concise coverage, and provide op-ed insights on the broader implications for blockchain’s next chapter.
1. AI & Blockchain Convergence for Sustainable Energy Systems
Key News: Cerebra Supernova, a French startup, has unveiled a pilot platform that combines AI-driven grid optimization with a blockchain-enabled energy-credit marketplace. By using reinforcement-learning algorithms to forecast renewable output and smart contracts to automate peer-to-peer energy trades, the system aims to reduce curtailment and incentivize prosumers.
Details:
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Reinforcement Learning Grid Management: AI agents predict wind and solar generation with 98% accuracy, dynamically adjusting dispatchable assets (batteries, gas turbines) to maintain stability.
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Energy-Credit Tokens: Green-energy surplus is tokenized as “SolarLoop” ERC-20 tokens, tradable among households, businesses, and utilities with settlement on an Ethereum Layer-2 network.
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Sustainability Impact: Early trials on Corsican microgrids reported a 12% reduction in fossil-fuel use and a 20% increase in renewable utilization.
Opinion & Implications:
The fusion of AI and blockchain in energy grids marks a pivotal shift toward decentralized, citizen-driven utilities. Traditional power markets struggle with intermittent renewables; embedding autonomy via smart contracts democratizes access and aligns incentives for cleaner output. However, real-world rollouts must address interoperability (across protocols), token volatility, and regulatory clarity on digital asset classification. Cerebra Supernova’s initiative may well set the template for community microgrids worldwide, but scaling will require standardized APIs, robust cybersecurity measures, and policy frameworks to integrate tokenized energy credits into broader carbon-pricing schemes.
Source: SiliconANGLE
2. Chainlink, Kinexys & Ondo Test Blockchain DVP Settlement
Key News: Chainlink Labs, Kinexys, and Ondo Finance have jointly piloted a Distributed Delivery-Versus-Payment (DVP) settlement mechanism on a public blockchain, targeting institutional bond and ETF trades. By leveraging Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Kinexys’ settlement-oracle mesh, the trial achieved atomic settlements: assets and payments exchanged simultaneously, irrevocably on-chain.
Details:
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Atomic DVP Workflow: Upon trade execution in an off-chain matching engine, settlement instructions trigger on-chain via CCIP messages; Kinexys oracles confirm balances, and Ondo’s tokenized cash-equivalent stablecoins (nUSD) finalize payment.
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Performance Metrics: End-to-end latency clocked at 3 seconds per transaction, with sub-$0.50 gas costs due to Rollup-level batching.
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Risk Reduction: Eliminates counterparty and settlement-fails risk inherent in T+2 markets, enabling real-time finality and freeing collateral faster.
Opinion & Implications:
Bridging traditional capital markets and public blockchains has long been the Holy Grail of institutional DeFi. This DVP pilot demonstrates that rigorous market-standard settlement can coexist with open-ledger transparency and composability. Yet, regulatory acceptance remains the linchpin—securities regulators must endorse on-chain finality as equivalent to legal settlement. Moreover, interoperability across permissioned and permissionless networks will determine whether tokenized securities truly scale. If such trials proliferate, expect incumbent custodians and clearinghouses to partner with decentralized-oracle providers, laying the groundwork for a 24/7 global settlement infrastructure.
Source: The Paypers
3. Blockchain Cloud Mining’s “Master” Digital-Gold Platform Launch
Key News: Blockchain Cloud Mining has released Master, a turnkey cloud-mining and staking portal enabling users to allocate fiat and crypto into diversified mining assets—Bitcoin, Ethereum PoS, and a curated basket of altcoins—via a single, web-based dashboard.
Details:
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Encrypted Wealth Strategy: Master abstracts miner procurement, hosting, and maintenance; users simply choose “Digital Gold,” “Ethereum Yield,” or “DeFi Basket” plans.
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Revenue Sharing: Monthly returns distributed as tokenized dividends (DCM-TOKEN), tradable on major DEXs.
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Security & Compliance: KYC/AML integrated Sign-in, cold-storage custody of mined coins, and quarterly third-party audits published on-chain.
Opinion & Implications:
As retail investors seek passive crypto exposure, cloud-mining platforms promise hands-off rewards but often lack transparency. Blockchain Cloud Mining’s audited model and tokenized dividend structure could elevate trust—but token economics must guard against dilution and rug-pull risks. Moreover, the environmental debate around proof-of-work mining persists; integrating renewable-energy credits or carbon offsets into mining-assets offerings could be a differentiator. As staking yields compress and DeFi bear cycles loom, platforms like Master will need to innovate risk-adjusted return products and perhaps incorporate algorithmic governance to align user incentives.
Source: GlobeNewswire
4. Responsible Gold Taps Sakhila Mirza to Lead Blockchain-Powered Expansion
Key News: Responsible Gold, the tokenized-asset platform enabling fractional, KYC-compliant gold ownership, has appointed fintech executive Sakhila Mirza as Chief Growth Officer. Her mandate: scale the “Trusted Gold” ecosystem and forge partnerships with bullion exchanges, central banks, and luxury-goods providers.
Details:
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Trusted Gold Tokens (TGT): ERC-721 tokens representing audited, insured physical gold bars stored in vaults across Switzerland and Singapore.
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Expansion Strategy: Under Mirza, the platform aims to integrate with central-bank digital currency (CBDC) pilots, enabling gold-backed CBDC overlays. Plans include white-label solutions for jewelry retailers to mint fractional gold tokens at point-of-sale.
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Governance & Audits: Monthly on-chain proof-of-reserve updates via Merkle-proof contracts; annual audits by Big Four firms.
Opinion & Implications:
Tokenizing real-world assets like gold has been heralded as blockchain’s killer app—but adoption hinges on regulatory trust, custodial transparency, and consumer education. Mirza’s track record in partnerships could bridge the gap between crypto-natives and traditional finance, positioning TGT as a credible store-of-value for both investors and commerce. CBDC integration is particularly visionary: by tethering digital fiat to gold reserves on-chain, central banks could assuage inflation concerns and experiment with programmable money. However, geopolitical tensions around reserve asset denial and cross-border gold transfers may challenge such initiatives—making governance frameworks and legal clarity paramount.
Source: Business Wire
5. Automobili Estrema & Fabian Oberhammer’s “Dizzy Viper” NFT Collaboration
Key News: Italian hypercar maker Automobili Estrema has partnered with digital artist Fabian Oberhammer to launch “Dizzy Viper”, a limited-edition NFT art series minted on the NEAR Protocol, celebrating the brand’s cutting-edge “Fulminea” electric supercar.
Details:
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Collector Drops: 333 dynamic NFTs featuring generative-art viper motifs synchronized to real-time telemetry data from a Fulminea test run.
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Utility Perks: NFT holders receive VIP track day invites, factory tours, and a fractional stake in a bespoke Fulminea prototype.
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Environmental Offset: Minting energy consumption offset via NEAR’s carbon-neutral consensus and direct funding of reforestation projects in Italy.
Opinion & Implications:
Luxury automotive brands entering the NFT arena exemplify Web3’s fusion with experiential marketing. By linking on-chain art to real-world perks and data streams, Automobili Estrema deepens fan engagement while tapping new revenue from digital collectibles. NEAR’s eco-friendly blockchain underscores the need for sustainability in NFT minting—a growing concern among high-net-worth audiences. The fractional ownership model hints at broader use cases: tokenized access to exclusive assets (cars, yachts, art) could spur secondary markets and novel governance rights. For blockchain enthusiasts, this collaboration showcases how tokenomics and experiential utility can elevate brand loyalty beyond traditional merchandising.
Source: PR Newswire
Conclusion & Key Takeaways
Today’s headlines reflect a blockchain ecosystem maturing across multiple dimensions:
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Sustainability & Decentralization: AI-blockchain energy grids and carbon-neutral NFT minting demonstrate a commitment to environmental stewardship.
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Institutional Integration: DVP settlement trials and tokenized gold underscore blockchain’s encroachment into capital markets and reserve assets.
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Democratized Access: Cloud-mining platforms and fractional gold tokens lower barriers to crypto and real-asset investing, while highlighting the need for transparency.
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Experiential Web3: Luxury brands and community microgrids leverage tokenized incentives to forge deeper user connections.
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Regulatory & Governance Frontiers: From Massachusetts-style AI commissions to CBDC-gold overlays, legal frameworks will shape the pace and direction of blockchain adoption.
As blockchain transcends niche use cases, cross-sector collaboration and robust governance will determine whether these innovations realize their transformative promise. Today’s stories are more than headlines—they’re signposts pointing to a decentralized, tokenized future where AI, finance, sustainability, and creativity converge on the distributed ledger.
The post Blocks & Headlines: Today in Blockchain – May 20, 2025 appeared first on News, Events, Advertising Options.
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