Everyone, I'd like to welcome you to today's webcast reviewing HIVE Blockchain Technologies financial results for the year ended March 31st, 2021. My name is Holly Schoenfeldt. If we go to slide number two, the disclosure slide, except for the statements of historical fact, this presentation contains forward-looking information within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, and assumptions as the date of this presentation. You can see the corresponding slide up on your screen for the full disclosures. Moving on to slide number three. I am pleased to welcome the presenters for today's program, Frank Holmes, Executive Chairman, Darcy Daubaras, Chief Financial Officer, and Aydin Kilic, President and Chief Operating Officer. We move on to slide number four. This is one of our most requested visuals, which we call the DNA of volatility, and I think this is a perfect opportunity to hand the presentation off to Executive Chairman of HIVE, Mr. Frank Holmes. Thank you, Holly, and thank you, everyone, for your patience, and in particular, those that kept the faith in our unique complexity of having the focus on an ESG strategy be to green only takes us to many regions of the world that are not in North America, unless you go far north to Canada or you go to the Nordic countries. Pulling all that data in in different languages and reconciling financials and going back and forth over time zones, and we thank you for all keeping the faith as we sort of push through that process of getting you these financials. We are very thrilled about the numbers. As I walk through this, it's really key for you to recognize this DNA of volatility. It's my favorite forward-looking curve because it's really all about managing expectations. Life is about managing expectations. As you can see, so often on television, they say gold's so volatile, but in fact, it's the same volatility of the S&P 500. Gold stocks are much more, and Bitcoin is four times more volatile on a daily basis than gold or the S&P 500. On a 10-day basis, it's 14. As you can see the number there, it's about five-fold difference increase. Then I hop over and I take a compare it to Ethereum. Ethereum is substantially more volatile than gold or the S&P, and this translates and impacts HIVE. Gold drives gold stocks. Gold stocks are more volatile than gold, and Ethereum and Bitcoin drive HIVE, and therefore HIVE has a higher volatility. This is my over 30 years of experience in capital markets to try to look for cause and effect. Short term, like today, we have that China is overreaching into Hong Kong and now going after Bitcoin funds. With that, because they have many Chinese nationals that have funds in Hong Kong, and there appears to be a sell-off. I think it's well-orchestrated. It's on a Friday, and it's just sort of a short-term noise for us. We're going to power through this today in this phenomenal year-end and quarter. Next, please. Next, please. HIVE was first to go public in September 2017. First to mine Bitcoin and Ethereum, first to buy its own data centers, which Aydin will talk about in more detail, the build out in New Brunswick. First to have a 100% green ESG strategy, and first to be inter-listed with Canada, U.S.A., and Germany. Next, please. About HIVE Blockchain. For those who have recently become a shareholder, we welcome you, and it was the first public company listed. It was in September 2017. In that quarter, we raised over CAD 200 million. We thank Fidelity because they were very important in those raises. There were three different raises, and they had committed to us to CAD 100 million to build out our vision. We've really been focused on providing shareholders with exposure to digital currency mining, as well as a portfolio of crypto coins by HODLing Ethereum and Bitcoin. We have low working capital requirements and doesn't require immediate sale of mined coins. That's been a real sort of creative process of do we sell coins a day? Do we raise capital? What do we do to try to have the minimum amount of dilution and still have a very robust growth program? Operations are situated in cool jurisdictions with access to low-cost, 100% green renewable energy. As I said earlier, it's difficult to find this, where you want to be in a safe jurisdiction. You can find it in Russia, but that's not our program to go into Russia. I think that the complexities and the moving parts are important for shareholders to appreciate. Next, please. HIVE beats cryptos and S&P in 2021. I'm happy to show you this, the Bloomberg Galaxy Ethereum Index at the end of August against the S&P 500. You could see a huge difference in having a weighting in this alternative asset class. We have a lot of investors that are gold investors that are reluctant to go and buy on a crypto exchange, Bitcoin and Ethereum, HIVE has become their proxy, in addition to other people that are really caught up with this new technology and how it decentralized and bearer security is going to grow. Next, please. It's another visual showing that relates to the DNA of volatility. In a rising scenario where Ethereum is rising and Bitcoin is rising, HIVE historically outperforms, This is just a classic to show you. Not every day, not every week, Over these time periods, you can see we've delivered this performance for the shareholders. This is a 12-month return. Next, please. Performance in 2020 was unbelievable. We were up, when you take a look at that year from March of 2019- 2020- 2021, that was a period of COVID, we just far outperformed. There's some fundamental reasons by these record earnings and cash flow. Next, please. HIVE's gross income over three years. As you can see, it goes from CAD 31 million down to CAD 29 million at March of 2020, that was basically covered a lot of the bear cycle that was taking place in Ethereum, then it exploded in the past 12 months. End of March 31st, it more than doubled. Next, please. Taking a look at each quarter for you to get an idea for the growth. This is important to appreciate. One of the biggest headwinds that we have in mining Ethereum is that it's more decentralized than Bitcoin, and it has many more gamers around the world that every time Ethereum rises, they start mining it appears. That decentralized mechanism means more people are coming in to compete and mine. What happens is that you may be getting less Ethereum, but for simple math, a year ago, we were producing about 300 coins a day, and now it's just slightly under 100 coins a day. That has, even with upgrading and better systems, et cetera, it really has to do with the difficulty, which Darcy's going to comment more on in this presentation. What we believe is that it's driving higher Ethereum prices, and this is showing up in us being able to deliver a higher gross income each quarter. Now it's expanding dramatically with our Bitcoin production. Next, please. Last great chapter in the mobile wave is a digital transformation of property, and Bitcoin is a dominant digital property network as Michael Saylor. Michael has been a phenomenal leader in the industry and the stewardship in educating people that what you have in your pocket is cash, and cash is there. You own it. If you own gold 24-karat bracelet on your arm, you can take it off. It's money, it's also jewelry, and that Bitcoin and Ethereum, it's really digital, and it's digital wealth. It's a store of value. I think it's really important to recognize this creates its own dynamics of concern by centralized governments. In particular, the more left the government is, the more socialist or communist as China is, they do not want any competition for their digital money or their paper money. In particular in China, like I mentioned earlier, they've impacted Bitcoin today. It's off today all because of their pronouncements of overreaching going into Hong Kong. I think it's important for investors to recognize this ecosystem has 13,000 nodes around the world validating the decentralized mechanism, Bitcoin, and Ethereum is even bigger when you take a look at the number of scientists and people that are involved with it. It's a much bigger and broader distribution network. Next, please. What happened earlier when these crypto mining stocks peaked and came out that Elon Musk attacked the industry for its coal consumption, and really that was a lot of disinformation, or they like to call it FUD. FUD, false, and that's really important to recognize. You see that there's just a lot of naysayers coming out, and they basically have incorrect facts, and in particular on the consumption of energy. China was the biggest producer of Bitcoin. They shut it down, which helped the coal consumption. A lot of those miners tried to move over, and they've been moving over to Kazakhstan, which is also coal. I think what's interesting is there's a huge boom in the state of Texas. One of our directors is booming in his business of building out for 1.3 gigawatts of consumption of electricity from natural gas, and that's not on the grid. I think that when something's negative out of Asia, who ends up benefiting? It's America. It is a transition for that. We joined this Bitcoin Mining Council even though we are only green-only, and we're actually the most pure green-only vision and strategy with the strongest right at the beginning ESG strategy, because we just want to make sure that everyone's informed because what happens here is that all the crypto stocks, even though we're green and clean, even though we have a very pronounced ESG strategy, we got tagged and pulled down with all of them, and education is the best way to deal with all the FUD. Next, please. As you can see here is a healthy balance sheet. Darcy, our CFO, is going to go into much more granular analysis of this for you. At that year-end, we had lots of cash. We had additional amounts, receivables, and digital currencies had grown to almost CAD 60 million. This has grown to over CAD 100 million. It's very volatile with Bitcoin and Ethereum. As we continue to try to mine. What's interesting is the dollar value of Bitcoin has been growing as we continue also to HODL our Bitcoin. Next, please. I was thrilled about this, Real Assets Adviser, which goes to registered investment advisors, was very curious about our interest in launching HIVE Blockchain because we couldn't launch a Bitcoin ETF four years ago, and its amazing success. This goes out to tens of thousands of registered licensed investment advisors in the U.S., this particular publication. That's written about us before on the world of gold. Now it's got the Bitcoin story. Next, please. We currently hold over 1,000 green and clean Bitcoins. The company is pleased to provide the following update on its global BTC growth and production for the current 2020. As you can see, in April, 64, May was 73, 86, 200, 234. Aydin is going to give you more, our new president and chief operating officer, more granularity into where our vision is and how we're achieving this. Next, please. HIVE's total assets on the balance sheet. As you can see, it's been phenomenal growth in our Ethereum and Bitcoin. What we did is we did launch an ATM at the market prospectus and raising capital, and that capital allowed us to expand and buy new equipment. I will go through more detail on some of those acquisitions for future growth. This also, at the same time, allowed us to HODL Ethereum and our Bitcoin in particular to get our Bitcoin up. We're thrilled that we've quickly got up to 1,000 Bitcoin that are green and clean coins. Darcy will also give you more detail on this visual, but I'm very proud of it, that we've grown almost twentyfold. Next, please. Factors. Factors that move these crypto mining stocks. The daily coin price was, what is Bitcoin and Ethereum doing? It's off 7% today because of China's pronouncements of overreaching in Hong Kong. That always has a short-term movement. We move over 95% of the time with the daily price action with Bitcoin and Ethereum. What's your current hashing power? Clearly, this current hashing power is that HIVE has the highest current hashing power as of the March 31st. The future potential hashing power is where the market seems to put greater volatility and put bigger market caps. I'm going to comment on that, which I find most interesting in the sort of short-term bulls part of this cycle. The valuation metrics on the future potential hashing power is appearing to get a higher valuation than what's your current hashing power. Next, please. Crypto miners share dilution. You can see here that Marathon has been through the greatest of all dilution, from 10 million- 100 million shares outstanding. They've taken the cash and then made all these great statements of buying more equipment from Bitmain, and the market's put a bigger valuation. However, we still make more money than them. They have to get their build out. They have to have their energy correct. They have to have their hedging program, that is, what they're doing with their carbon taxes and all these issues they have to deal with. They have a great management, great leader. Still, it is will the equipment come on time? Will they be able to get the electricity? These are all risks that seem right now at this stage not to be priced into the capital markets. Riot's another one that's had massive dilution in their number of shares outstanding. Once again, it's for future growth. Bitfarms and Hut 8. Hut 8's number's probably going to change because of the recent financing. According to Bloomberg data, we've had the least amount of dilution. We've tried to use mechanisms of besides the ATM, of how we sold our Ethereum to upgrade, how we used our cash flow, and then HODL again. We've been sort of more using the balance sheet to sweat our growth until the ATM came along. Next, please. Our gross income for our March quarter in millions of dollars, as you can see, Marathon is the least. At the end of March, they made CAD 9 million. Their market cap is substantially bigger than all the rest of us. Riot was CAD 23 million. Hut 8 was CAD 24 million. Bitfarms was CAD 28, and we were CAD 33 million. That's because of our Ethereum and our Bitcoin production, that combination. What's growing most rapidly since that year-end number has been our Bitcoin production. I think that that's sort of interesting factor. For shareholders, I'm really thrilled with the fact that we've had the least amount of dilution, and we've been able to deliver you the biggest growth at income for the year, our year-end, for four quarters against the peers. The future will prevail, and we'll see how, if other people can get their equipment on time and get their machines hooked up on time. That's the big race for all of us. Next, please. YouTube analysts, more so than you see on the street. It's interesting for me to see so many people I do not know that are out there that call up to do interviews. Some do not do interviews and some do. It's interesting that so many of these new investors are going to YouTube to get information and insight into this sort of industry. I think YouTube has become, along with podcasts, the new analyst. Now we've got research out of Wainwright, which has been great. We are told that more research will be coming out of the other firms like Canaccord, and thrilled to see that Bank of Montreal is now getting in the business to have coverage on the industry. This is all very positive and constructive, but I think that this is a new phenomena of YouTube's opinion makers. In particular, the next visual, one that I have a lot of respect for, is Blonity, who's an energy analyst with Mercedes-Benz in Germany. He's been in the industry from day one when HIVE went public, and he has his BMX index. It's basically looking at your future for hashing power from pronouncements to what your current is, but more on the future. Are you undervalued or overvalued on a relative basis to your market cap. I find that sort of an interesting indicator, and if you're not a subscriber, then I highly recommend that you can go and log on. Go to YouTube and you can also get other information from him, because he's very agnostic and he uses his fundamental technical indicators to do relative valuations and comment every day on this industry. Next, please. The other one is Seeking Alpha. Seeking Alpha's been another important platform for many more analysts covering and analyzing the balance sheets and income statements of this industry. I also would share with you that I'm a member of an organization called YPO, and YPO has less than 30,000 members out of almost eight billion people globally, but we represent about 10% of global GDP. When I first got in the business, there was only five out of this number, and today there's over 600 that are investing or involved in this industry. It's a really interesting phenomena, and still the main street analysts are not grasping what's happening globally. I think that Seeking Alpha has several analysts, and this is a report that came out that HIVE Blockchain Debunked Disruption. We've heard this narrative so many times over the past four years, that we shouldn't be mining Ethereum, we should be only Bitcoin, and Ethereum's going to go to proof of stake, and it's going to happen next quarter, and it just hasn't happened. Every time upgrade, all it does is for me is it shrinks the supply. Just like the halving of Bitcoin in May of 2020, have the daily supply of coins from 1,800- 900 coins a day, that took six months and all of a sudden Bitcoin took off. Ethereum has basically been shrinking the number of supply outside as people come and start actually putting up for proof of stake to earn an income, we've made more money by HODLing on our balance sheet. Just like Michael Saylor has done a remarkable job of owning Bitcoin on his balance sheet, we've done it with Ethereum and now with Bitcoin. I think that this proof of stake is going to take several more years, and we remain committed to Ethereum. I will talk about how we have the ability to pivot on it, but we have upgraded. We're right now in the process of upgrading with the best technology in the world for mining Ethereum, and then the ability to pivot. Next, please. One of the analysts that our funds use is Matt Kacur. As a CFA in Toronto, he uses this cash flow return on invested capital model to compare all stocks. He called me a couple of weeks ago and he said that HIVE shows up as one of the highest returns on invested capital, and that return really related to when we took over the facilities. There were basically three of us. I really wanted to make sure that it was Darcy, our CFO, and there was Toby in Europe, and myself, and we took over the responsibilities. Then we had some critical stakeholders, was BlockBase out of Austria and Barrage that's out of Croatia, that helped us in navigating the turnaround of this company and driving our costs, which Darcy can talk more and more in great detail. We substantially dropped the cost as we took over these facilities, and it shows up on his model of we have generating in the top 10% of all Canadian companies for high cash flow returns on invested capital. I think after our March year-end and quarter numbers come out, it'll even be more attractive on a relative basis. This is important when you have people like quant funds like Matt Kacur covering us. Next, please. This is a quick valuation of showing of why he thinks we were undervalued. The market value at the time was $257. His model says that enterprise value on a relative basis is $466. I think that the numbers that we released last night will make this even more attractive. Next, please. We're thrilled. We got finally listed on NASDAQ. They've been an incredible experience. Thank you for all of the shareholders that kept urging and pushing us to do it. We're there, we're listed, now we have the HIVE ticker that's both in Canada, very important, it's also in NASDAQ, and it helps us with the branding of the HIVE name and ticker globally. Next, please. HIVE names new leadership roles. Johanna Thörnblad is President of our Swedish operations, which is our biggest concentration of Ethereum, where we source electricity to mine Ethereum in the cloud. Johanna came to America on a D1 basketball scholarship, all-American academic, also did her MBA at the University of Chicago. Lives in Europe, is originally from Sweden, it's very important for the overall ESG strategy, what we're building out in Sweden. We're thrilled about her joining us and the team. We also have just recently, the next slide is Aydin Kilic. Aydin is our president and chief operating officer. He's an electrical engineer. He has built data centers. He's involved in this industry, in real estate, in the build-out, and he's going to walk you through, which I'm so excited about, our New Brunswick acquisition of GPU.One. The team that's joined us from GPU.One are excellent. We have internal counsel now, Gabe. We have a relationship for buying equipment and managing all these relationships with Iggy. When we take a look at Bill Papanastasiou's our CTO, we have Luke as a new addition to the team for network building. We have a phenomenal team now to take us to CAD 10 billion market cap and take us to this special number, which everyone seems is gearing now for is 10 exahash. Next, please. I want to turn over to Darcy Daubaras, and Darcy is our CFO. Darcy's been under a lot of pressure getting these numbers out and navigating through all the complexities, so he can give you more granularity in our financials. Darcy, it's your show. Thanks, Frank. Thank you to everybody for coming onto the call this morning. We really appreciate it. We appreciate your patience. It has been a tough ride. Being one of the only companies in this crypto space that are operating in multiple jurisdictions has its issues, has its challenges. We knew it going in. Sometimes these things come up a little bit out of the blue, but it's working well, and we're going strong, and the future looks really good for the reporting. HIVE continues to push forward. Next slide, please. Right. In this one, we're taking a look at the mining income increases Frank has said year-over-year for the Q4. Last year, we were talking about some real challenges in the industry, having really low coin prices. As we can see, this is where a lot of it comes out this year. In Q4, CAD 33.4 million versus CAD 3.1 million in the prior quarter a year ago. Gross mining margin. This is incredible. CAD 27.7 million versus CAD 1.7 million last year. One of the things that we've been doing is getting away from our former service providers and controlling our own destiny, and that means controlling our ability to hedge in Sweden. As everybody knows, Ethereum has been our backbone. That's where we started. We're continuing to be strong there. When we have our flagship Ethereum mining center in Sweden, costs are the number one thing, and this is what we're seeing here in the gross mining margin. We're going to continue to keep those costs low. We can't control the market, can't control Bitcoin or Ethereum, but what we can control is cost, and that's what we always focus on. Mining income, quarter-over-quarter, we continue to have this moving forward. What this is showing is the large capital that we put into our operation. Q3 of this year, a little bit lower, CAD 13.7 million. A lot of this has to do with the hard work that we've been doing in Sweden and Iceland with upgrading all of our GPU chips from the 4 GB- 8 GB. We had this DAG file issue that we were having to deal with within the Ethereum marketplace. We've worked through that. We're almost completely done. We've run into some issues like everybody in the world has with supply of chips and also shipping delays coming out of China. Those chip delays aren't just affecting us. It's affecting every industry, and car manufacturers are having to pull back on what they're doing there to be able to get their cars out with lower production. Again, the gross mining margin, extremely strong quarter-over-quarter. Next slide, please. Adjusted EBITDA, this is one of the metrics that we use, taking a look at our earnings and our results, pulling out a lot of those outliers. CAD 5.0 million this quarter versus CAD 3.2 million last year. The net income, you can barely see where the 2020 was compared to what we're doing here in 2021 at CAD 14.3 million. Next, please. As we've always talked about, our core has been Ethereum. They continue to drive a lot of our mining margins while we diversify into doing some Bitcoin here within Canada. We've made that acquisition in Quebec back in April of 2020, and just recently, which we'll be able to see moving forward, is this incredible data center that is being built in New Brunswick. A 50 MW facility, and the capacity within the land, and the community that we've got there is willing to work with us to make this just a world-class facility on the Bitcoin side. Net income dropped down a little bit quarter-over-quarter. A lot of that has to do with some of the one-time charges that we were running into. We did have a loss on the sale of our subsidiary this year. That had to do with a very structural change that we made within HIVE in Sweden. What we're moving towards is more of a data center so that we can diversify, move into some potential HPC, and be nimbler to change to markets. One of the things we were able to do as we were going through the DAG file issue at the Q3 and into the Q4 of 2021, is shift that Ethereum mining into Ethereum Classic, and being able to get some revenues and some cash from there to help pay our electricity and some of our other overhead bills while we were able to HODL our Ethereum and Bitcoin as we were building it up within Canada. Next, please. A strong profit in our earnings per share. As we're seeing, we've got CAD 0.12 per share for the 12 months that just ended March 31st, 2021, versus a loss last year. We were up at CAD 0.04 for the last quarter. I believe the Q3 quarter was CAD 0.05. A lot of this has to do with just the market changes. Very incredibly strong on the gross mining margin. That's, as we talk about all the time, can't control the price. Price obviously helps this with our coins. It's a cost. That cost focus, keeping that stuff down, will help us as we go through a bear market. It's going to come. We know this industry is extremely volatile. We want to make sure that we have the metrics, do what we need to do for that "rainy day" because it's going to change. Get the cost structure in now so that when the crypto winter comes, we're going to be ready for it. Next, please. This is one Frank had mentioned a little bit earlier, just the change in difficulty over the last two years. This is to the new miners plugging in their computers, all the gamers that are getting their cards, starting to mine Ethereum, and just driving the difficulty up. When people see prices go up, they think that they can just plug in and make some money, and it's great. You've got a lot more nodes and people getting onto the network, and this is what we're seeing. We're continuing to be able to mine our Ethereum as we see it's come down a little bit. That has to do with this changeover from the 4 GB- 8 GB, which we're very excited to almost have completely finished. Next one, please. As we can see, historically here, the Ethereum mined by HIVE, we have had a drop in the last couple of quarters. Once again, that has to do with the switch from the 4 GB- 8 GB, the problems that we experienced with shipping and getting the chips out of China. It was a lot more challenging than I thought it was going to be. You run into a lot of issues over there, whether it's their extended vacations shutdowns, and the shipping cost is astronomical. When you run into situations where you've got your 8-gigabyte chips, they're sitting somewhere in the factory ready to be shipped, and someone else comes along and says that they'll pay a little bit extra, those chips are gone. It's a continuous communication with them, trying to get those chips as quickly as possible so that we can have our complete switchover within Iceland and within Sweden. Next, please. As we talked about just a moment ago, this is a chart showing the Ethereum network difficulty and just how it's exploded, that's probably the best word I can use, over the last 12- 18 months. Next, please. This is the Bitcoin that we've been able to mine. As we can see, back in March of 2020, it was zero. At that time, we were in cloud mining, had just finished off cloud mining agreements, and then we started our acquisition. You can see in the Q1 of 2021, we're having to see 153. That was when we acquired the Quebec facility in Lachute, the 30 MW Bitcoin mining facility. We got a lot of production out of it in the H1 of that quarter, and then we hit the halving. We knew this was coming, and we had invested a lot of money to bring in new miners, and we've been doing that continuously, upgrading our machines. We're also really glad that we hang on to a lot of those S9s that some of the other people had sold because when we saw that the Bitcoin price went up, we plugged those things in. Everyone else around the world did the same thing, and we've been able to continue to build up our Bitcoin mining capacity. As we've talked about, we've been HODLing the Bitcoin through the beginning of 2021, where we're over 1,000, and also with our Ethereum, which we had spoken on just a moment ago. We're over 25,000 of the HODL of the Ethereum. We've been able to do this, as Frank had said, because of this ATM. It's a beautiful structure we've got, having that $100 million ATM that started in February of this year, and being able to bring money in that way. It's been very advantageous to us. It's a lot cheaper to be able to do this than going out and doing some of the bought deals that some of our competitors have done, where they're paying 6%, 8% on their money. We're being able to do it for a fraction of that, under half of what they're paying. It's amazing what we've been able to do here. Next, please. We talked about this earlier, just the impact of the Bitcoin mining network through the China's crackdown. It came very hard with a very big hammer. This is something that we're seeing coming up a little bit where it sounds like some rogue people are plugging stuff in in China, but we continue to see this as being advantageous to North America. We've been getting calls, not as many now, but when this happened, on a daily basis asking if we had facilities for hosting. We don't. We've been doing our own Bitcoin mining. It just shows the kind of pent-up demand that there is there, and where people are willing to ship their equipment over from China into North America to take advantage of the strong markets we're seeing. Next, please. This is our capital structure, 384 million shares outstanding. 6.25 million warrants. We've got some options out there, 14.1 million, and the RSUs of 1.3 million. Continue to have a strong balance sheet, and we're going to continue to move forward very strongly. Next, please. Touching on a couple of things I had already said. We've gotten to our goal of having 1,000 petahash in Bitcoin mining capacity. We've exceeded that. Right now we're sitting at 1.1 with all the equipment that we have coming in, and I'm sure Aydin will touch on it, is we're continuing to build upon this to try to get to over 2.1 exahash and up to three by the end of our fiscal 2022. We continue to purchase new miners next generation as we build up, because we want to make sure that we're going in, filling our facilities as needed, but not having to go out and purchase CAD 200 million equipment all at once. We're doing this in a staged approach, which we think is the best for our facilities and the way that we're building. Next, please. This is our strategy. Hold on for dear life. We touched on this, and we can probably flip past it, please. Great. I'm extremely pleased to turn this over to Aydin Kilic to do an operations update. We're very glad to have him on board as our new President and Chief Operating Officer. Aydin. Thank you for the warm welcome. Hi, everybody. This is the first HIVE earnings call that I'm participating in. It's an honor and a pleasure to be here. I'd like to thank Frank Holmes for having me join the HIVE team. It was a remarkable experience being in New York City for the ringing of the bell at the Nasdaq. I'm going to provide an operational update, get a little bit into the granularity, let's go. Next slide. We've got a video here. That was a video of our site in New Brunswick, which was announced earlier this year. Originally it was announced as a 50-megawatt acquisition when HIVE acquired GPU.One. HIVE got two incredible things with this acquisition. First was this amazing 50 MW substation, 30 MW of military-grade Bitcoin mining infrastructure had been built out by the GPU.One team. I say that having traveled and seen Bitcoin mines all over the world, all over North America, different levels of sophistication, and that's why I use the word military grade. The other amazing thing that HIVE acquired in that acquisition was the intellectual capital, the entire GPU.One team. Frank mentioned earlier Gabe, Iggy, Bill, Luke, just incredibly talented, intelligent guys. I'm so happy to be working with them. The future is very bright. Under our collective leadership, with Frank Holmes as a visionary, we've actually increased the footprint of that original 50 MW- 70 MW. What this slide talks about is 20 megawatts being deployed by the end of the year. We had 50, or sorry, we had 30 that was complete. The additional 20 by the end of this year will bring us to the 50 of the original substation. We got a second substation. We got some really cool pictures of, which will allow us to build another 20 megawatts in Q1. It will bring this to a 70 MW single site, green and clean military-grade crypto mine, which HIVE owns the land, and we operate. Next slide, please. Yes, I want to talk to you. This is a video. That video is actually of the Sweden site, our 20 MW facility there. That just serves as a reminder that HIVE is a truly global diversified crypto mining company, the first crypto mining company that went public. In my opinion, the first truly global company with operations throughout Canada, Iceland, and Sweden. All jurisdictions with green and clean energy, renewable, politically stable, and cool, dry climate. This slide here, you've got this wonderful picture straight out of sci-fi. This is the second substation I was referring to that's allowing us to bring our 50 MW- 70 MW site. These are major infrastructure projects, right? This is big business. This is sophistication. This is the intersect of networking, construction management, engineering of different facets, structural, electrical, thermodynamics. You see the building on the right-hand side. This is a passive high-efficiency building. You've got the intake louvers on the front, and the second set of louvers up top are actually the exhaust louvers. It's this incredibly thoughtful, incredibly efficient passive design, and that's one of the buildings in our New Brunswick facility. This slide is titled Capital Allocation Priority. I'm just going to give a quick summary here and point out we currently have 1.1 exahash of active current Bitcoin mining capacity. This is right now. We're making over 7 Bitcoin a day. A lot of the other companies in the industry, they're all about pipelines and dreams and we ordered machines, but how many actually have plugged in and hashing today, right? 1.1 exahash. In addition to that, we have almost 4 terahash of Ethereum mining active right now, right? That's equivalent to almost 800 petahash in Bitcoin mining capacity if you convert it based on US dollar income. That puts us currently to an equivalent of almost 2 exahash of Bitcoin mining capacity equivalent, right. On the following slides, we're going to talk a little bit about how we got there. What I'm going to mention is we've got shipments of more ASICs coming all throughout 2022, and that will put our pipeline of pure Bitcoin mining capacity at over 2 exahash by the end of 2022. Plus, we have the Ethereum mining pipeline as well, which we'll talk more about. Next slide, please. As I mentioned, we're currently hashing 1.1 exahash, and we've got a great pipeline throughout 2022. This was the order announced September 10th, 2,292 M30S+. These are the MicroBT Ferraris. This order alone, 229 petahash. We order our machines, and we ensure that we've got a steady supply of chips despite all of the supply chain challenges that people perceive. We've got a steady growth in sync with the development of our infrastructure, of our green and clean megawatt infrastructure. Again, you see pictures of the inside of our New Brunswick facility, just so streamlined, efficient. On the right you could see that's the hot aisle where the upper louvers have all the hot air which exhausts. Next slide, please. Just days before that, we announced the order of 3,000 MicroBT ASICs, and that's another 294 petahash, right? The key here is why did we announce 3,000 machines 1 day and another 2,300 a couple of days later? The point is that we're always seeking a good return on capital. When there's an opportunity to acquire ASICs, good quality ASICs, high efficiency, meaning low watts per terahash, right? At a very attractive CAD per terahash figure, we act and we acquire, and we do our best to ensure the ASICs that we have incoming, we have a place to plug them in so we can realize a good return on our capital. We can realize good free cash flows in business and be able to HODL our coin reserves as well. It's not just about taking a huge order of machines. It's about understanding how to strategically allocate that capital to ensure good performance. Next slide, please. In July 30th, we mentioned that we'd reached a $200 million annual run rate. Again, that was a purchase of 4,000 next-generation miners. At that time, our Bitcoin mining capacity was 925 petahash, and we had an Ethereum equivalent of 750 petahash. It was a total of 1.675 exahash of Bitcoin mining equivalent. That was just a couple of months ago, and we've already increased both of those figures. Again, showing the steady incremental growth as we have machines constantly coming in, constantly being deployed into our facilities, getting that hash rate up, realizing free cash flow on the orders that we've secured. Next slide, please. Earlier in July, again, further to the point, constant flow ensuring that we've got a secured pipeline. This announcement increased our operating petahash back then from 566 petahash to 830 petahash, again, showing constant incremental growth. Right? HIVE is very well-positioned with executives that have very diverse set of business experiences, and so we've got a great think tank. We are constantly evaluating the best way to scale this business, realizing that we're a company that has a long-term vision to show value to shareholders. We're always communicating with the market and making very thoughtful investments. Next slide, please. This is a very exciting slide, actually. We have announced a partnership with NVIDIA, and we secured a large purchase of next-generation GPU cards, which are HPC capable. One thing that's worth noting is upon the deployment, this is a very large order that would be sequenced over time, but on deployment of all of these NVIDIA chips, if you just looked at the Ethereum mining capacity, it would bring us to over 6 terahash of Ethereum mining capacity. Keep in mind, we're about 3.9 terahash now. This alone, it does two things. One, it provides us a much greater footprint in our Ethereum mining capacity. It also allows us to get into the HPC space and have diversified streams of income in a very rapid growth emerging sector. We'll have more on that later. Another point I'm going to make here is that in addition to the 2 exahash of pure Bitcoin mining capacity by the end of 2022, we would have 6 terahash of Ethereum mining capacity. Again, when you consider the equivalent Bitcoin mining capacity of the Ethereum and add that to our pure Bitcoin mining capacity, with all of this hardware, it puts our roadmap around the 3.5 exahash range by the end of 2022. Very exciting and also diversified. Next slide, please. I talked about HPC, and so you see Facebook has a data center in Boden, Sweden. HIVE, we're very engaged with the community here. I was in Boden with Frank and Barrage and BlockBase, our operating partners there. Always so much great intellectual capital when the team meets. We met with the Boden Business Agency. We recently made a contribution to the local hockey league. We're going to have the HIVE hockey arena. That's just a little bit about the community engagement there. Getting back to the point about HPC, if you do the market research, you'll find how incredibly expensive Amazon's AWS service is. Yet HPC has double-digit growth for the next 10 years. Again, I talked about diversity, we've got the Bitcoin mining, we've got the Ethereum mining. We've also got these very prized and hard-to-get next-generation NVIDIA GPU cards, which allow us to set up our HPC. We're experimenting with this both in Sweden and also in Canada. We're very excited about this R&D initiative. We've got capital allocated and stay tuned to this station for more on that. Next slide, please. Everyone is asking nowadays, what can you do to become a green and clean miner? You can do what HIVE is doing. Right? All renewable power, either hydro or geothermal. Right? No combustion of fossil fuels. You're not generating that carbon footprint. I just did an interview with the CoinPayments podcast yesterday. Jason Butcher asked some excellent questions, and he did say, "Well, what can miners do to become sustainable and environmentally conscious?" Unfortunately for people who've already sunk millions into coal-fired electricity, they could buy carbon credits, which would cost upwards of $5,000 per Bitcoin. Again, from day one, with Frank Holmes as steward and visionary of HIVE, it's the original ESG Bitcoin miner. Right? Just to recap, that's coupled with low electricity costs, cool, dry climates, politically stable jurisdictions, of course, in Iceland, Sweden, and Canada. Next slide, please. There's been some remarkable educational content on HIVE, which you'll find on YouTube. We've got an interview with Vanity Tomorrow, who Frank mentioned earlier. A highly intelligent quantitative YouTuber that follows the HIVE story, in addition to all these other great community members that are very fascinated about the HIVE story. Lots of great collateral, a lot of great visuals, a lot of great narratives. Next slide, please. Thank you. It's Frank here. I just want to jump in for a second, and I want to try to explain to people things of DAG, and the nature of Bitcoin, Ethereum. Most important is I really want to mention some of these names that we purchased Lachute during COVID in Quebec, and Remy Jonashvilli is running that. He's done a phenomenal job, another electrical engineer. Bill Papanastasiou has joined the team coming from GPU.One as our CTO, and Luke Rossy. Not to forget our in-house counsel is Gabriel Ibghy, and Iggy Lai is important in the relationship of securing new equipment from around the world or selling some of our S9s that we acquired for next to nothing, and then we sold them for over CAD 200. We've been able to keep some of the S9s as Aydin mentioned, plug them in, make cash flow, and then as new equipment comes in that is much more energy efficient, much more competitive in basically securing a block for us, a Bitcoin or Ethereum, we just upgrade. We sell our old equipment, we upgrade with the newest and the greatest, and I think that that's important, but really important, these people are the new team in addition to Johanna Thörnblad that's joined us, and Aydin Kilic that has joined us, to be able to build out the future vision for HIVE. The other part is that Darcy Daubaras talked about was the DAG file, and I'm going to try to explain the DAG file for everyone for Ethereum mining. As you know, the blockchain is transparent, and there are thousands of nodes out there looking at every transaction on Bitcoin. At the same time, there's thousands, in fact, more looking at Ethereum. Every day, there's approximately 900 Bitcoins, and I always like to use the example, it's like a jump ball. Can you get a piece of that 900 Bitcoins a day? There's approximately 6,000 Ethereum every day. For Canadians and Swedes, they love hockey. I like to say that every 20 seconds there's a drop puck to try to be able to get that Ethereum and get our stick on and get a piece of that puck. When you take that sort of metaphor and apply it, the hashing difficulty has gone up dramatically more for Ethereum, and I think this sort of upgrade of new NVIDIA equipment will allow us to do two parts. One, to pivot, but important is to allow us to be much more efficient and produce more Ethereum when we do the complete upgrade. There are two important parts just to recognize that this DAG file is like a long piece of lasagna. That long piece of lasagna is getting so big that a 4 GB memory card just can't cut it. The math suggested that in April of 2021, it would no longer be viable. We had switched what cards we had to mine Ethereum Classic, and then we started selling that to help the system pay electrical bills and any overhead, because it was a real challenging process of sending old 580 GPU chips over to China, take out the memory card, upgrade it from 4 GB- 8 GB, send them back, upload them into the machinery, and being highly productive. That's an incredible experience because each time we saw the shipping cost going up each month, and just delays and disappointments of China are so difficult for people to relate to, but very disheartening at many times. We did the majority of it, we started buying new equipment to upgrade. I think we've been able to cover that transition very well. We have the majority of our 580 GPU cards from AMD are upgraded to 8 GB memory cards. That means they are productive every day, making money for us every day. The new machines are just much more efficient as we continuously buy. We're looking at this vision of every month making an acquisition of equipment so that we can digest it. We don't want to have too much equipment and not have electricity. We don't want to have too much electricity and not have equipment. We've been trying to merge that together. Now I'd like to jump over to Holly because we've talked for one hour. You have a few questions, Holly. Yeah. I think we have time for one or two questions. The first one, maybe Frank you can address. People have been asking if you could discuss your growth plans for HIVE, specifically perhaps reaching 10 exahash in Bitcoin mining. Well, the big goal is 10 exahash by the industry if you reach for it. We just want to make sure that we do it in a prudent, rational way of securing green and clean energy in addition to buying chips. We've not made any big financings as of yet to dilute, to aggressively go and buy lots of chips which are not showing up on time for a lot of people. We're just going to be more prudent the way I think we're doing it. The vision is to get to 10 exahash. That would take the company to about $10 billion, and then build out our high-performance computing vision. This idea of data centers is evolving. Today, it used to be before, like just a few years ago, you needed data centers, high-performance computing to do artificial intelligence for facial recognition. Now they're embedding facial recognition inside the camera lens. Therefore, the use of how you use these high-performance computing for rendering, for making animation movies or smart cities, or the biggest is gaming around the world, is changing, and we think we're going to participate in that. That's going to be a slow, gradual process. What's going to be faster is buying more equipment every month, securing more electricity, and building out our franchise. We probably have about 30 seconds left. People have been asking about HIVE's HPC strategy. You briefly touched on it, but maybe Aydin, you can wrap up by commenting on that as well. Yeah. Hi there. Again, having the NVIDIA GPU cards, which are unlike your typical GPU cards, they just have a much greater capacity, a greater library for tool sets in the HPC world. We have strategic software partners that are helping us build APIs. We have the infrastructure as well to operate it. I don't want to give away the secret sauce. I should say stay tuned and watch. We've also got the capital allocated for it as well. It's a very exciting project and just great people working with us to develop this. Ayd, it's Frank here. I've got a question. When do we expect to get the next exahash of Bitcoin mining? Well, Frank, we've got over 1 exahash of miners coming throughout 2022. Right now, we've got 1.1 exahash operating with our shipments that are arriving in the next month. We'll be at 1.2 exahash, all the shipments from 2022 put us at about over 2 exahash with the shipments at the end of 2022. On top of that, we have our Ethereum mining. Our 4 terahash of Ethereum mining is equivalent to approximately 800 petahash to Bitcoin mining capacity. That should always be added on top. If we're at about 1.2 exahash by the end of the next month, plus our 800 petahash equivalent, we're essentially at a 2 exahash equivalent as is. On top of that, you've got the additional exahash of chips that are arriving in 2022, which are orders that we've secured, diversified from MicroBT and Bitmain. We've got the Ferrari 100 terahash high-efficiency ASICs, on top of that, of course, we've got the infrastructure in New Brunswick coming online, 20 MW later this year and another 20 MW in early 2022. That all kind of comes in sync and in tandem. Great. Thank you. Thanks, Aydin. Just as a reminder, I know we definitely didn't get to everyone's questions, so you can always submit those by emailing us at info@hivedigitaltech.com. This concludes HIVE Blockchain's webcast for the year ended March 31st, 2021. Thank you, everyone.