HIVE’s Bitcoin output jumps 49%, but mining revenue still falls

Neutral-4.97%

10 Nov, 00:42

Source: Cointelegraph

AI Summary

Hive Digital Technologies reported a 49% jump in Bitcoin mining output and a 7.4% decline in mining revenue, while its AI hosting division saw significant 71% growth.

HIVE’s Bitcoin output jumps 49%, but mining revenue still falls

HIVE’s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.