HIVE
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Core Scientific said the possible revenue from its multi-year deal with cloud provider CoreWeave exceeds $100 million
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The facility was originally built with the Research Institute of Sweden to address the need for more energy efficient data centers
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Hive CEO says the company is in talks with four companies and four marketplaces as it bolsters its machines that formerly mined ETH
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The company said in February it expects 10x growth in its high-performance computing business over the next year
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Crypto miners like Hut 8 and Hive Blockchain are diversifying into non-mining services and focusing on high performance data centers for AI and computing needs
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The publicly traded company is set to receive the last of its new, Intel-driven mining rigs by the end of January
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Hive exploring other coins to mine while Hut 8 ready to “pivot” ether-focused machines to offer AI and other services
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Despite its missed deadline last month, the publicly-listed company’s share price is up more than 13% on the day, though HIVE is down 76% YTD
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HIVE said its decision to delay its annual filings was the result of a shorter filing deadline for non-venture issuers and rapid growth
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