Bitcoin Miner HIVE Eyes $45 Million in Annual Revenue From AI Deal

Neutral-4.97%
10 Nov, 22:46
Source: Decrypt

AI Summary

HIVE Blockchain Technologies is negotiating a nonbinding agreement to repurpose its Boden facility into an AI data center, which could yield $45 million in annual revenue upon finalization.

The Bitcoin miner says its Boden facility could generate $45 million annually, but a June letter of intent remains nonbinding as executives negotiate financing and customer protections for the project.