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HIVE Executive Chairman Says AI GPUs Deliver 10x the Revenue of Bitcoin Mining ASICs

Covered by 2 sources · 2 articles

2 outlets - including Bitcoin and Blockchainreporter - are covering this story. HIVE Executive Chairman Frank Holmes said the firm’s AI compute GPUs are generating far more revenue per hour than its bitcoin mining rigs, as the company’s fiscal 2026 revenue surged 158% to $297.8 million. The Math Behind the 10x Claim Ho…

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HIVE Exec: AI GPUs Earn 10x More per Hour Than Mining Rigs
Bitcoin.com News Aug 1, 06:30 UTC

HIVE Exec: AI GPUs Earn 10x More per Hour Than Mining Rigs

HIVE Executive Chairman Frank Holmes said the firm’s AI compute GPUs are generating far more revenue per hour than its bitcoin mining rigs, as the company’s fiscal 2026 revenue surged 158% to $297.8 million. The Math Behind the 10x Claim Ho…

HIVE Executive Chairman Says AI GPUs Deliver 10x the Revenue of Bitcoin Mining ASICs
Blockchain Reporter Jul 31, 20:00 UTC

HIVE Executive Chairman Says AI GPUs Deliver 10x the Revenue of Bitcoin Mining ASICs

HIVE Digital reports that GPUs for AI compute earn 10x more per hour than Bitcoin mining ASICs, prompting a revenue shift to over 50% from AI this year.