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HIVE averages over $1M in daily revenue from Aug. 21 to Sept. 10

  • HIVE said it averaged more than $1 million in daily revenue.
  • Bitcoin mining supplied over 90% of revenue during the period.
  • HIVE’s cloud pipeline exceeds $600 million and includes letters of intent.

HIVE said it averaged more than $1 million in daily revenue from Aug. 21 through Sept. 10. Bitcoin mining provided over 90% of that amount, while GPU cloud revenue was about $100,000 per day. The company’s cloud pipeline exceeds $600 million and includes letters of intent, but future revenue from the pipeline is not guaranteed.

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