HIVE Blockchain Technologies Ltd. recently announced its financial results for fiscal year 2025. Today, the company is continuing that success with their constant adaptation to cryptocurrency mining and high-performance computer (HPC) worlds. Join LeeChiaJian as he breaks down HIVE’s past financial performance, strategic acquisitions and initiatives, and upcoming opportunities to...
That’s why we were ecstatic when HIVE just reported some huge numbers – $115.3 million in revenue and $56.2 million in Adjusted EBITDA for their FY2025. That's impressive, no doubt. But honestly? It's just a warm-up. This is not to relish wins in hindsight, but rather to explain why HIVE...
In short, Bitcoin miners are under acute financial stress. In June, transaction fees fell to a three-year low, accounting for under 1% of total block rewards. This overall downward trend as well as the recent halving event are all taking a toll on miner profitability. After dipping below $75,000 in...
CleanSpark, one of the Bitcoin mining industry’s strong, forward-looking players, recently released its Q2 numbers. The findings reveal a confusing and contradictory fiscal landscape. The company pulled in a staggering $181 million in revenue. It experienced an impressive net loss of $138 million. Investors and industry observers have started to...
