Harry Pokrandt
Independent Director, Vizsla Silver Corp.. On 1 show, 1 appearance. The Shows tab opens the full record on each.
executiveinvestorvizslasilvercorp.com ↗
Harry Pokrandt is the founding CEO of HIVE Blockchain Technologies, which listed in 2017 as Canada's first publicly traded cryptocurrency miner. A capital markets veteran with over 30 years in mining and technology, he previously served as a Managing Director at Macquarie Capital Markets.
1shows
1appearances
15statements
8resolved
3supported
3contradicted
38%fully supported
Everything Harry Pokrandt said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Mining offers unmatched capital deployment speed despite extreme margin volatility
“You know, mining, I think, is a great business. I don't know of another business where you can deploy capital as quickly and get the returns that you do. The problem with the business, though, is that forecasting is very difficult and the margins are very, are…”
China's environmental concerns over coal power are pushing miners out
“The stuff in China, it's regional based, but, ah, a lot of that, ah, power that's being generated is coming from thermal coal. So and China is, is more concerned about environmental issues these days. So that's the reason why a number of the miners are getting…”
Pokrandt: Bitmain, Bitfury, and Genesis Mining each hold 10% market share
“The big players are really a bit main bit fury and Genesis cap Genesis mining. And there are, I believe they're all roughly 10% of the market.”
Hive Blockchain invests over $100M in Swedish crypto mining facilities
“The one in Sweden, we're investing over a hundred million US on both of the facilities there. So there'll, there'll be roughly 40 megawatts of capacity in, in a data center in, in, in Sweden there.”
Hive Blockchain raised 17M CAD going public on TSX Venture
“We went public on the TSX Venture Exchange. The first the first raise was about was seventeen million dollars Canadian.”
Hive Blockchain raised roughly 200M CAD by December 2017
“And then in December, we raised another hundred and fifteen million Canadian again, equity, and it was institutional and retail as well. So we've got quite a big following. So we raised roughly two hundred million Canadian until the end, by the end of December…”
Hive Blockchain hit a $30M quarterly revenue run rate
“The run rate revenue that we're at the, at currently is about a, is thirty million dollars for this quarter.”
Hive generated $3.5M in December 2017 quarter with 4 megawatts
“The last quarter was our December year end, where we only had four megawatts up megawatts up and running, so the revenue we had for that quarter was about three and a half million.”
Bitcoin miners compete for a $25M to $30M daily revenue pool
“So the run, so the revenues available to miners to all the miners is, is 25 to thirty million dollars per day of revenue, which is what the miners compete for.”
Ethereum daily mining revenue pool mirrors Bitcoin at $25M to $30M
“So then it's a similar number for Ethereum as well.”
All Hive Blockchain facilities run on geothermal or hydroelectric power
“Yeah, so we all of our facilities are in locations where it's either geothermal or hydroelectric, so it's so it's very clean power.”
Crypto mining rewards strictly depend on hash rate, not algorithmic edges
“Well, everybody has to use essentially the same mining algorithm to get
to get the answer, and it's purely a random outcome who gets it, so if you own 10% of the network hash rate, the probability of you getting the next block is 10%, so then nobody can, no…”
Hive Blockchain operates strictly GPU facilities to mine Ethereum
“Sorry, just to be clear we don't mine Bitcoin. Okay, we mine right now our facilities are all GPU based, so we mine Ethereum. So we do have one of our facilities the one that will be completed in September will be an ASIC facility. So at that point in time, we…”
Pokrandt: Genesis Mining is one of the most efficient crypto miners
“Genesis, I think, is one of the most efficient miners that are out there. They have a real culture of pushing efficiency.”
One line per show, most statements first. The link opens Harry's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 TOP FOUNDERSLEDGER | Independent Director, Vizsla Silver Corp. | 1 | 15 | 38% 3/8 | full record on Top Founders → |