According to CoinWorld news, HIVE Digital Technologies (NASDAQ: HIVE), a cryptocurrency mining company, has announced the deployment of a new batch of NVIDIA GPU clusters in Quebec. The total investment for this project is $30 million, which includes 248 H100 GPUs (32 nodes) and 508 H200 GPUs (64 nodes). The H100 cluster is expected to be operational by the end of 2024, with an anticipated annual revenue of $15 million for the HPC business in the next quarter; the H200 cluster is expected to arrive in January 2025, with plans to complete deployment by the second quarter of 2025, and an expected annual revenue exceeding $20 million. HIVE Executive Chairman Frank Holmes stated that the revenue potential of the 10 MW HPC NVIDIA chip serving AI demand is equivalent to 100 MW of Bitcoin mining revenue.