Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite ongoing AI expansion
HIVE Digital Technologies said its Bitcoin-mining and GPU-cloud businesses generated more than $1 million in combined average daily revenue from Aug. 21 through Sept. 10, quantifying how much its AI pivot contributes to current operations. GPU cloud produced about $100,000 a day over the period, according to HIVE’s Sept. 10 update. That means the AI business is generating operating revenue, but it accounted for less …
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