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 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% […]
Bitcoin miner MARA to take majority ownership of Exaion in AI and HPC venture
Mara Holdings’ Major Investment in Exaion Bitcoin miner Mara Holdings is making headlines with a significant $168 million deal to acquire a 64% stake in Exaion, a subsidiary of Electricity de France, which is state-owned. The contract, announced on Tuesday, will increase Mara’s stake to 75% by 2027, with the option for an additional $127 […]
Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck – Cointelegraph
Bitcoin miners could generate around $13.9 billion in additional revenue per year by 2027, if they partly transition to powering the artificial intelligence and high-performance computing (HPC) sectors, according to investment firm VanEck. “AI companies need energy, and bitcoin miners have it,” Van Eck said on Aug. 16. ReportThe company believes that for bitcoin miners, […]