Bill Papanastasiou: Hi, good morning, Jaime. Thank you for taking my questions. I just want to first touch on the high performance computing business. We’ve continued to see upward movements in margin performance for the business unit that now sit over 50%. Just wanting to hopefully get some more color on how we should be thinking about margins in the long-term and how the team is strategizing on what I believe is still excess capacity at some of the TeraGo sites.
Jaime Leverton: Yes, I’m struggling how to answer that question. We’ve got a €“ we’ve done a lot of work as I’ve talked about updating the facilities, and I went into some of the specifics already on the call this morning. We’ve got an incredible sales team in place that’s actively driving expansion of the pipeline. But I don’t know how to get into more specific details with you. We do have some expansion capabilities remaining in a few of the sites, not all five are expandable. But we’ll continue to look to expand as required when the capacity that we have built out already is filled up. So it’s really a data center by data center question as opposed to a fleet demand question.
Bill Papanastasiou: Right. Great. Thank you. Yes, I appreciate the color and I understand that the data centers will be specifically focused to particular regions, so that makes sense.
Jaime Leverton: Yes. Thank you.
Bill Papanastasiou: So shifting gears to the mining space. The company was able to see fairly strong gross mining margins just given where breakeven electricity costs were and assumed power costs may be for these sites. And it appears that things are trending in a positive direction in 2023, just based on that same analysis. Given the relationships that you guys have and just your take on the space with manufacturers, how do you see further consolidation in the space as we approach the having? Are you planning €“ do you see an improvement in overall mining economics? What’s your take on 2023?
Jaime Leverton: Yes. I mean, I wish I had a crystal ball. I think we’ve all been surprised by the continued growth of the hash rate and difficulty levels, despite relatively a sideways trading of the Bitcoin price in general. Obviously a nice development that we’ve seen natural gas prices come down and as Shenif mentioned, hopeful that that will continue. But it’s really, really difficult for us to make a prediction on ultimately where hash rate and difficulty are going to go as well as Bitcoin price. So what we’ve always tried to do as a business and a leadership team is make sure that that we have optionality built into the system, which for us only increases when we get the merger closed with us USBTC. And we really believe in the diversified business model that we’ve kicked off and ultimately again, expands with this merger because we really cannot predict where Bitcoin price is going to go or hash rate in the short-term for sure.
And keeping in mind, we’re right about a year away from the having, which has its own unique implications as I think everyone’s aware.
Bill Papanastasiou: Right. I guess it helps to have that huge Bitcoin treasury too, as we approach the having and hopefully get the upside there. Thank you for taking my questions.
Jaime Leverton: My pleasure, anytime.
Operator: There are no further questions at this time, please proceed.
Jaime Leverton: Okay. Thank you again everybody for joining today and for your continued support. We truly appreciate it and we look forward to an exciting 2023 ahead. Have a great day, everybody.
Operator: Ladies and gentlemen, this concludes your conference call for today. We thank you for participating and ask that you please disconnect your lines.
