HIVE digital inventory increases Bitcoin, AI PIVOT and mining monuments. star-news.press/wp

Blockchain shares and infrastructure of Ai Hive Digital Technologies (HIVE) on Friday, supported by the standard Bitcoin assembly and a series of operational monuments in mining work.

HIVE jumped approximately 6.5 % to $ 2.47 per share, raising the market value to about $ 530 million. The stock rose more than 21 % during the past month, in line with a wider recovery between Bitcoin Mining stocks (BTC).

The last mass clusters have been fed news This digital cell exceeded 12 Exhashes per second (EH/S) from the Bitcoin mining, which has doubled its production since the beginning of the year. The company is currently generating more than $ 250 million of annual revenue and expects to reach $ 400 million as soon as it reaches 18 EH/S.

CEO Idin Kilic said that the company is now returning more than 6 BTC a day with an operating margin of approximately 55 %.

HIVE ranks among the 20 largest bitcoin holders, with 2.201 BTC in the latest files.

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The average cost of bitcoin mining costs

Bitcoin mining industry has faced major operational challenges since the last half, which reduced the bonuses of mine workers by 50 %. This sharp decrease in revenue, along with high energy, equipment and general costs, made profitability more difficult to maintain it.

To remain at the forefront of these pressures, some mines have diversified their business models by expanding artificial intelligence (AI) and high -performance computing works (HPC). Early signs indicate that this axis towards artificial intelligence pays its fruits, especially for Core Scientific, which partially avoids financial collapse by converting resources into artificial intelligence. Core Scientific has been obtained since Coreweave in the All-CLIZE deal worth $ 9 billion.

HIVE Digital Cointelegraph last September told that many graphics processing units have been re -operated to work artificial intelligence – a move that has increased its revenues significantly. The company highlighted the new H100 chips from NVIDIA as a major engine for this growth.

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