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HIVE Blockchain Presents December 2021 Production and Calendar Year 2021 Figures
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021.
Vancouver, British Columbia–(Newsfile Corp. – January 10, 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 December 2021, with a BTC HODL balance of 1,813 Bitcoin as of December 31, 2021.
December 2021 Production Figures
HIVE is pleased to announce its December 2021 production figures. The Company notes it currently has:
- 245 BTC Produced
- 1.7 Exahash of Bitcoin mining capacity
- 2,178 ETH Produced
- 4.45 Terahash of Ethereum mining capacity
Frank Holmes, Executive Chairman of HIVE stated “We are very pleased to report HIVE has continued its strong momentum in expanding our Bitcoin hashing power even as the network difficulty rose. As of today, we are producing approximately 8.8 BTC a day. Our Bitcoin hashing power increased in December and at the calendar year-end our hashrate was 1.7 Exahash, which translated into a 12% increase in BTC mining on a month over month basis, while BTC prices corrected.”
Aydin Kilic, President & COO of HIVE noted “We continue to educate the investing public and crypto enthusiasts on the financial relationship between BTC and ETH mining. The Company believes its unique position of having a large Bitcoin and Ethereum mining footprint provides investors with a unique value proposition. Mr. Kilic continued, “Similarly, where one can equate hashrate on a revenue basis between BTC and ETH, you can also equate the value of the coins daily. As such the ETH that HIVE produced during the month of December is approximately equal in value to producing a monthly total of 179 BTC, which we refer to as Bitcoin equivalent or BTC equivalent. This is in addition to the 245 BTC produced from our Bitcoin mining operations during December.”
The Company’s total Bitcoin equivalent production in December 2021 was:
- 423 BTC Equivalent Produced
- 13.6 BTC Equivalent produced per day on average
- 2.6 Exahash of BTC Equivalent Hashrate (BTC hashrate plus equivalent ETH Hashrate)
Calendar 2021 total production
- 1,768 BTC 100% HODL
- 41,966 ETH, a portion of which were sold to upgrade chips
- 46,209 ETC which were sold
In summary Total Bitcoin Equivalent mined was 3,222 based on BTC/ETH/ETC. Another perspective for Calendar 2021, we mined coins with a year-end gross dollar value of approximately US$221 million (unaudited) using market prices of BTC US$43,000 and ETH US$3,400.
The bar chart illustrates the growth of our BTC mining capacity, as our hashrate grew substantially from the deployment of ASICs in our New Brunswick data center, which had 30MW of operating capacity upon our acquisition, and as of the end of December 2021, HIVE completed the expansion to 50MW of operating capacity. The next phase of expansion will bring our New Brunswick data center to 70MW of operating capacity in the spring of calendar 2022. In addition to the BTC production represented by the chart below, with the Company’s ETH and ETC mining, HIVE mined 3,222 BTC equivalent in 2021.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109527
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Elevatus Appoints Nadin Zureikat as Chief Revenue Officer to Lead Global Expansion and Revenue Growth
LONDON, April 17, 2024 /PRNewswire/ — Elevatus, a global leader in recruitment solutions, is thrilled to announce Nadin Zureikat as its new Chief Revenue Officer. With a proven track record in revenue generation and a talent for cultivating strategic partnerships, optimizing sales, expanding markets, and fostering cross-departmental collaboration, Nadin is poised to lead Elevatus into a new era of growth and international recognition.
Nadin’s expertise in revenue generation and B2B SaaS marketing has been instrumental in Elevatus’ success story. Since joining the company from its inception, Nadin has strategically positioned the brand and orchestrated impactful marketing campaigns, resulting in an 83% increase in brand awareness within the target demographic. Under her guidance, Elevatus achieved an exceptional 61.53% ROI in marketing over 1.3 years. Nadin also spearheaded lead generation campaigns, resulting in a remarkable 120% surge in qualified leads per month, enhancing conversion rates and driving revenue expansion.
Transitioning from Chief Marketing Officer (CMO) to Chief Revenue Officer (CRO), Nadin has pioneered a shift towards revenue acceleration within Elevatus. By fostering inter-departmental connections and driving revenue-focused initiatives, she has propelled Elevatus towards market leadership. Under her leadership, Elevatus achieved an impressive 23% conversion rate from demonstrations to closures, reflecting her commitment to driving revenue growth. This translates to a reduced Customer Acquisition Cost (CAC), allowing Elevatus to invest more in customer success and product development. Additionally, Nadin’s focus on building long-term client relationships has resulted in a high Customer Lifetime Value (CLTV), demonstrating the enduring value Elevatus provides to its clients
Expanding her focus to market expansion strategies, Nadin identifies new markets and forges strategic partnerships to drive revenue growth. Through meticulous market research and analysis, she uncovers untapped opportunities and devises targeted strategies to penetrate new markets, fueling Elevatus’ global expansion and consolidating its market leadership position.
Yara Burgan, Founder and CEO of Elevatus, expressed confidence in Nadin’s leadership, stating, “Nadin’s exceptional expertise in revenue generation and strategic vision has propelled Elevatus to the forefront of our industry. I am confident that she will continue implementing our growth strategy, guiding Elevatus to even greater heights.”
With Nadin’s leading revenue strategies, Elevatus is positioned to dominate the recruitment landscape, expand its global reach, and deliver innovative solutions that transform businesses worldwide. Under her strategic guidance, Elevatus is primed for unparalleled success and poised to revolutionize the industry. Moreover, Elevatus continues to attract top-tier talent, fostering a culture of innovation that propels recruitment solutions to unprecedented heights.
CONTACT:
Elevatus Inc.
Email: [email protected]
Photo – https://mma.prnewswire.com/media/2390195/Elevatus_Inc.jpg
View original content:https://www.prnewswire.co.uk/news-releases/elevatus-appoints-nadin-zureikat-as-chief-revenue-officer-to-lead-global-expansion-and-revenue-growth-302119930.html
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New Mega Dice Website Ushers in GameFi SOL Token Crypto Presale For Next-Gen Gamification
NEW YORK, April 17, 2024 /PRNewswire/ — Mega Dice has launched a revamped website to showcase its latest technology offering in the world of crypto-powered gaming.
One of the fastest-growing crypto casinos, Mega Dice is letting its community in on the action with the launch of the Mega Dice token presale ($DICE) – a brand new GambleFi token on SOL.
The innovative gamification layer on the Mega Dice platform will allow $DICE to become the central value proposition driver of the loyalty program, rewarding the native token users more generously and unlocking the possibility to win lifestyle prizes and experiences.
Indeed, Mega Dice could soon be making a name for itself as the only online casino that provides daily rewards to its users based on casino performance, thanks to $DICE.
https://x.com/megadice/status/1775559419079594106
$DICE juggernaut – Mega Dice has 50,000 players, $50m in monthly wagering and a $2.25m airdrop
It is not often that established businesses with actual revenue streams bring tokens to market, so $DICE is providing for itself a far more favorable launch environment than even Rollbit could manage.
A $2.25 million airdrop is split across three seasons with equal allocation of $750,000 each, early bird bonuses, limited editions NFTs, a referral program and full integration of the token into the casino ecosystem to provide exclusive access, rewards and benefits.
The platform already boasts 50,000 players who are able to partake of the 4,000 games on offer and over 50 sports and esports covered by thousands of events with industry-leading betting markets.
Furthermore, the sportsbook offers the ability to livestream many of the most popular events. Monthly wagering runs at $50 million off the back of around 10,000 monthly active users.
Mega Dice’s Season 1 airdrop sees $750,000 up for grabs. The airdrop is designed to incentivize platform activity. All players who wager a minimum of $5,000 within 21 days will be eligible for the airdrop and retroactive rewards.
To contribute to the presale simply connect your wallet at the new-look website and purchase Mega Dice tokens using USDT, ETH, BNB or SOL.
There is a total supply of 420 million $DICE tokens, with the lion’s share of the allocation (35%) going to the presale. A further 15% is for airdrops and 10% staking rewards. Marketing and liquidity provision are also catered for in the tokenomics.
Gaming sector’s explosive growth led by crypto casinos like Mega Dice
Online gambling is seeing explosive growth. The global spread of internet connectivity, and the technological innovation it fosters is driving both usage and engagement. At the forefront of those changes are the cryptocurrency-centric online gaming products, led by Mega Dice and others.
According to data compiled by Statista, revenue in the sector market is projected to be $100.90 billion in 2024.
Assuming an estimated forward compound annual growth rate of 6.2%, the projected market volume is expected to reach $136.30 billion by 2029.
At the center of the growth story are online casinos and sports betting powered by crypto, which is exactly the market positioning of Mega Dice.
Meanwhile, the number of active users is forecast at 281 million by 2029 and user penetration is estimated to be 6.0% in 2024, rising to 7.6% by 2029.
At the cutting-edge of the growth of the sector is blockchain technology, which turns out to be the ideal market fit and driver of innovation.
Telegram innovator Mega Dice ($DICE) to take Solana GambleFi by storm
Mega Dice claims to be among the most inventive players in the online gaming space. For instance, it was the first regulated casino to open shop on the popular Telegram platform.
The launch of $DICE and its full integration with the Mega Dice ecosystem opens up a world of even deeper customer engagement opportunities and expanding revenues.
Because of the transparency and flexibility of decentralized networks, Mega Dice will be able to share its successes with its community of token holders, through the airdrops, staking, NFTs and other rewards that the platform is building into its base functionality.
On sale now for $0.069, $DICE has raised in excess of $300,000 minutes into its official launch. The presale soft cap minimum raise target is $5 million.
Visit the new website to keep up to date with Mega Dice token ($DICE) developments and join its vibrant community on X/Twitter and Telegram.
Photo: https://mma.prnewswire.com/media/2390085/Mega_Dice.jpg
Contact:
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/new-mega-dice-website-ushers-in-gamefi-sol-token-crypto-presale-for-next-gen-gamification-302119816.html
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Numun Ecosystem Launches to Bring a Complete Set of Apps for Real-World Assets On-Chain
Numun Ecosystem unveils a comprehensive suite of applications designed to tokenize and leverage real-world assets within the blockchain. Offering seamless integration and unparalleled access, Numun is set to transform how Defi users interact with everything from ETFs to stocks and bonds, on-chain, fully backed, and permissionless, all managed by the Numun Token.
DUBAI, UAE, April 17, 2024 /PRNewswire/ — The Numun Ecosystem today launches, comprising applications Num and Vectium and offering a structured approach to real-world asset (RWA) tokenization and lending on the Ethereum network.
Num, the first app of the Numun Ecosystem, is a Bermuda-based tokenization company, that specializes in tokenizing traditional finance (TradFi) assets, including ETFs, stocks, and bonds. In 2023, Num successfully closed a USD 1.5 million pre-seed funding round to work on its first MVP, emerging market stablecoins, which garnered 500,000 users within its first year. Num now aims to achieve global reach by tokenizing TradFi assets into fully backed, permissionless forms known as nTokens, bridging the gap between the TradFi and DeFi realms.
The second app in the Ecosystem is called Vectium, an innovative RWA lending protocol that harnesses the power of nTokens to facilitate financial interactions, enabling users to lend and borrow stablecoins against nTokens and soon more RWAs. This system also supports users in leveraging and hedging TradFi assets in a manner that is both permissionless and secure.
Speaking on the launch, Agustin Liserra, CEO of Num Finance, said, “Numun ignites the power of synergy between transparency and innovation. Our commitment lies in steering the course of finance towards a future where accessibility, security, and empowerment are not just ideals, but everyday realities for DeFi users. As we unveil Numun to the world, we stand on the brink of a new financial era – one that we are proud to shape and lead.”
Central to orchestrating the Numun Ecosystem is the Numun Token, which employs a unique value accrual mechanism. Up to 40% of the revenue generated by the lending protocol is allocated to a buy-back-and-burn strategy for the Numun Token. The Numun token will be used across all of the apps within the ecosystem, ensuring its value is intrinsically linked to the success of Numun as a whole.
Numun Ecosystem is partnering with Impossible Finance to bring the Numun Token to the market, Calvin Chu, Co-Founder, and Core Builder of Impossible Finance, expressed excitement about partnering with Numun and supporting their mission of bridging traditional and decentralized finances. Calvin said, “Num’s and Vectium’s approach to bringing permissionless tokenized assets is the correct way to maximize interoperability. The strategy to bring a wide coverage of financial products on-chain is definitely filling a gap in the current landscape.”
Speaking on the significance of the development for the DeFi ecosystem, Alex Kruger, Advisor and Strategic Director at Num Finance, said, “The Numun ecosystem represents the culmination of our enduring commitment to reshaping the DeFi landscape. After years of meticulous work, we are introducing an on-chain ecosystem that makes real-world assets the epicenter. This is the advancement that the DeFi space has been waiting for — a transformative step in aligning the reliability of traditional assets with the innovation of decentralized finance.”
Agustin Liserra, CEO of Num Finance, is available for interviews.
Alex Kruger, Advisor and Strategic Director at Num Finance is available for interviews.
About Num Finance
Num Finance is a Bermuda-based technology firm at the forefront of real-world asset (RWA) tokenization. By facilitating the conversion of traditional financial assets into digital tokens, Num Finance integrates these assets with the decentralized finance (DeFi) sector. Focused on security, transparency, and accessibility, Num Finance enables broader access to financial markets and improves liquidity through innovative financial services. Committed to compliance and effective risk management, Num Finance adheres to strict regulatory standards, ensuring a trusted and stable platform for investors navigating the evolving landscape of digital finance.
For more information, visit num.finance
View original content:https://www.prnewswire.co.uk/news-releases/numun-ecosystem-launches-to-bring-a-complete-set-of-apps-for-real-world-assets-on-chain-302119682.html
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