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Bitcoin miners encounter high expenses as they shift to AI and HPC, according to HIVE chair.

Bitcoin miners encounter high expenses as they shift to AI and HPC, according to HIVE chair.

Bitcoin Miners Shift Toward AI and High-Performance Computing As Bitcoin miners turn their attention to artificial intelligence and high-performance computing (HPC), many expect their main competition to come from major cloud providers like Amazon, Google, and Microsoft. However, Frank Holmes, the executive chairman of HIVE Digital Technologies, suggests the situation is more intricate and costly […]

Hive Digital achieves highest ever revenue in Q1, fueled by Bitcoin and HPC

Hive Digital achieves highest ever revenue in Q1, fueled by Bitcoin and HPC

Hive Digital Reports Record Revenue as Bitcoin Mining Grows Hive Digital has transitioned into a data center infrastructure provider and an active Bitcoin miner, announcing impressive revenue figures for the first quarter of 2026. In this quarter, Hive’s total revenue reached $45.6 million. Notably, their digital currency mining operations contributed $44.8 million, marking a 44.9% […]