Follow UsHIVE, MARA mine more Bitcoin but earn less as crypto prices fall
Bearish-4.97%
10 Nov, 00:42
Source: Cointelegraph
AI Summary
Bitcoin miners HIVE and MARA report higher production volumes but face declining revenues and rising electricity costs as they pivot toward AI infrastructure amid falling crypto prices.
Both miners reported higher Bitcoin production but lower mining revenue and rising electricity costs as they expanded their AI infrastructure businesses.