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Bitcoin miner Hive reports record revenue as hashrate expands despite $91 million net loss tied to accelerated depreciation - The Block

1 min read
Bitcoin miner Hive reports record revenue as hashrate expands despite $91 million net loss tied to accelerated depreciation - The Block

Bitcoin miner Hive has reported record revenue as its hashrate continues to expand, despite incurring a net loss of $91 million due to accelerated depreciation. The company's financial performance highlights the ongoing challenges within the mining sector amid fluctuating market conditions.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

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