Update
HIVE’s Bitcoin Output Jumps 49%
Bitcoin miner HIVE Digital Technologies produced 49% more Bitcoin in the September quarter than a year earlier, but mining revenue fell due to lower Bitcoin prices. The company’s mining revenue decreased 7.4% to $76 million, while electricity costs increased to $45.6 million from $37.9 million. HIVE also recorded a $31.2 million noncash write-down on mining equipment, citing 'depressed mining economics.'