HIVE Digital Technologies Ltd. Q2 FY2023 Earnings Call

Unknown Executive: Hello, everyone, and welcome to today's webcast reviewing HIVE Blockchain Technologies Financial Results for Quarter Ended September 30, 2022. On Slide #2, I would like to briefly note disclosures. Except for the statements of historical fact, this presentation contains forward-looking information within the meaning of the applicable Canadian and US Securities Regulations. These forward-looking statements are based on expectations, estimates and assumptions as of the date of this presentation. On Slide #3, I would like to hand the presentation over to Executive Chairman, Frank Holmes, for a brief overview of the period and to kick off today's presentation. Frank? Frank Holmes: Thank you, Joseph, and thank you, Darcy and Aydin for working hard and preparing this presentation. And so I'd like to start off. HIVE announced its quarterly revenue of $29.6 million, achieved EBITDA of $18.8 million for the quarter. Bitcoin production was up 31% from the same quarter last year 2021. We're going to walk you through what's taken place in the past year, year-to-date, last quarter and external forces that we're battling in this sort of crypto ecosystem. But most important, before we start going into details, investors should recognize the DNA of volatility. This is basically sharing with you that it's a non-event 70% of the time for gold to go up or down 1% on a daily basis and 3% over 10 days. However, Bitcoin is 4x more volatile than the S&P on a daily basis or t