HIVE Digital Mining Business Earns 14 Cents Per Hour, GPU Business Reaches 2 Dollars Per Hour
Prefer us on GoogleFrank Holmes, Executive Chairman of HIVE Digital Technologies, revealed during TheStreet Roundtable that the company's computing power business is rapidly shifting from Bitcoin mining to GPU power leasing, with mining revenue per hour increasing from $0.14 to $2 for GPU operations. Holmes also discussed the ongoing rise in debt among American consumers, businesses, and the government, suggesting that Bitcoin can serve as a hedge against inflation due to its decentralized nature, making it immune to government overproduction and better protecting the purchasing power of ordinary people.
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