Key Takeaways
CryptoSlate reports HIVE generated over $1 million daily, with Bitcoin mining supplying over 90% and GPU cloud contributing about $100,000.
According to CryptoSlate, HIVE reported more than $1 million in average daily combined revenue from August 21 through September 10, with Bitcoin mining supplying more than 90% of the total. HIVE stated that its GPU-cloud business generated about $100,000 a day during the period, making AI a growing but comparatively small operating business.
During this timeframe, HIVE mined an average of about 12 Bitcoin per day, representing roughly 2% of global network production. The company noted that these preliminary, unaudited figures are tied to prevailing Bitcoin prices, network difficulty, and operating conditions. Additionally, HIVE reported closing more than $600 million in GPU-cloud total contract value year-to-date, though it cautioned that contract value is not recognized revenue and does not guarantee future results.
The figures illustrate a transition where GPU cloud provides an operating foothold in AI infrastructure, while Bitcoin mining continues to serve as the financial engine carrying the shift.
Source & Fact-Check Note
This report is synthesized from coverage by CryptoSlate. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at CryptoSlate ↗
