HIVE Digital GPU Revenue Surges 1329% Over Bitcoin Mining

HIVE Digital reports GPU leasing yields $2/hour versus $0.14 for BTC mining, signaling a strategic pivot to higher-margin infrastructure amid rising US debt concerns.

Woofun AI reports that HIVE Digital Technologies is accelerating its transition from Bitcoin mining to GPU hash rate leasing. Executive Chairman Frank Holmes disclosed during TheStreet Roundtable that revenue per machine hour has increased from $0.14 in the Bitcoin segment to $2 in the GPU segment. Holmes highlighted that Bitcoin serves as an inflation hedge against accumulating US consumer, business, and government debt. He argued that unlike Modern Monetary Theory, which relies on currency issuance, Bitcoin lacks centralized control and secondary offerings, thereby better preserving purchasing power.