🚀 Crypto News: Hive Digital Technologies to Grow 36% in Q2 2024 Revenue on AI Expansion! 📈
- Q2 2024 revenue to $32 million, up from $23.5 million last year.
- Hive rebrands from Hive Blockchain Technologies to reflect its shift to AI.
- The company leverages Nvidia GPUs to build high-performance computing clusters for AI.
The Bitcoin network has doubled its hashrate since early 2023. Source: CoinWarz
- Hive expands GPU server cluster leasing and develops new cloud services.
- Ukraine conflict could impact operations in Sweden due to rising energy prices.
What do you think of Hive's new direction? Comment below! 👇