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HIVE says average daily revenue exceeds $1 million, CoinGape reports

Alongside roughly 12 bitcoin mined daily, HIVE says GPU cloud services through BUZZ HPC bring in around $100,000 a day, CoinGape reports.

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3 Sources, 21d ago, first seen 21d ago

TLDR

CoinGape reported on September 11 that bitcoin miner HIVE said it was generating more than $1 million in average daily revenue. The company cited a combination of roughly 12 bitcoin produced per day and around $100,000 in daily revenue from GPU cloud services through BUZZ HPC.

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3 Sources, first seen 21d ago

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Combined views

6.9K

3 Sources, first seen 21d ago

17 likes6 comments1 saves2 reposts

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3 Sources

@CryptoSlateHIVE says it averaged over $1M in daily revenue from Aug. 21 to Sept. 10. Bitcoin mining supplied more than 90%; GPU cloud brought in about $100K a day. Its $600M+ cloud pipeline includes letters of intent, with future revenue not guaranteed. https://cryptoslate.com/bitcoin-mining-supplies-90-of-hives-1-million-daily-revenue-despite-ongoing-ai-expansion/21d
@CoinGapeMedia🚨 LATEST: ⛏️ #Bitcoin miner @HIVEDigitalTech says it now generates more than $1M in #average daily revenue, combining roughly 12 $BTC/day in Bitcoin production with around $100K/day from #GPU cloud services through #BUZZ HPC.20d
@cryptodotnewsJUST IN: Bitcoin miner HIVE Digital surpasses $1M in average daily revenue The Bitcoin miner generates roughly 12 BTC per day, while its BUZZ HPC subsidiary adds another $100K daily from GPU cloud services.19d
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    3 Sources

    @CryptoSlateHIVE says it averaged over $1M in daily revenue from Aug. 21 to Sept. 10. Bitcoin mining supplied more than 90%; GPU cloud brought in about $100K a day. Its $600M+ cloud pipeline includes letters of intent, with future revenue not guaranteed. https://cryptoslate.com/bitcoin-mining-supplies-90-of-hives-1-million-daily-revenue-despite-ongoing-ai-expansion/21d
    @CoinGapeMedia🚨 LATEST: ⛏️ #Bitcoin miner @HIVEDigitalTech says it now generates more than $1M in #average daily revenue, combining roughly 12 $BTC/day in Bitcoin production with around $100K/day from #GPU cloud services through #BUZZ HPC.20d
    @cryptodotnewsJUST IN: Bitcoin miner HIVE Digital surpasses $1M in average daily revenue The Bitcoin miner generates roughly 12 BTC per day, while its BUZZ HPC subsidiary adds another $100K daily from GPU cloud services.19d
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