Bitcoin mining firm Hive Blockchain (HIVE) aims to allow customers to train large language AI models in its data centers, touting better privacy compared to rivals such as OpenAI’s ChatGPT, the firm said on an earnings call with analysts on Friday. “Companies now are mindful that they don’t want to upload sensitive client data to a company like OpenAI that has a public LLM … [Read more...] about Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
Hive
Hive Blockchain Held Onto All the Bitcoin It Mined in 2021, While Selling Some Ether
The Vancouver, British Columbia, based crypto miner said it produced 1,768 bitcoins last year, while mining 41,966 ether, the native token of Ethereum, a portion of which were sold to pay for chip upgrades. The miner also produced 46,209 ETC, all of which it sold in 2021. Source link … [Read more...] about Hive Blockchain Held Onto All the Bitcoin It Mined in 2021, While Selling Some Ether
Crypto Miner Hive Sees More Bitcoin, Less Ether Mined in Third Quarter
“This drop in the production of ether in the current quarter compared to the prior quarter will be offset partially by the average price of ether increasing by 45%, and the higher bitcoin mined in this quarter boosted by the increase in the price of bitcoin in the quarter of over 35%,” Hive said. Source link … [Read more...] about Crypto Miner Hive Sees More Bitcoin, Less Ether Mined in Third Quarter
Hive Blockchain Posts Record Revenue in Q2 on Higher Crypto Prices
Canadian crypto miner Hive Blockchain reported record revenue of $52.6 million in its fiscal second quarter, up 305% from the same period last year, according to a statement.The company said the increase in revenue was mainly due to a rise in cryptocurrency prices, the increased production of Bitcoin as a result of its purchase of Quebec and Atlantic facilities and the … [Read more...] about Hive Blockchain Posts Record Revenue in Q2 on Higher Crypto Prices
Riot Blockchain, Hive Outperform Crypto Miners as Bitcoin, Ether Rally
Riot Blockchain and Hive Blockchain surged Tuesday, outperforming crypto mining peers at a time when bitcoin and ether, the native token for Ethereum, are near all-time highs.Shares of Riot climbed more than 6% as of 10:20 a.m. ET (19:00 UTC), while other bitcoin miners were mostly little changed as the price of bitcoin, the largest cryptocurrency by market capitalization, … [Read more...] about Riot Blockchain, Hive Outperform Crypto Miners as Bitcoin, Ether Rally