Even the miners are quitting mining. ⛏️➡️🤖 $HIVE fiscal Q2 (quarter ended Sep 30, 2026): 🤖 AI/HPC revenue: $8.8M, up 70.7% year over year ⛏️ Bitcoin mining revenue: $76.0M, down 7.4% year over year 📉 A $31.2M write-down on mining equipment, which the company tied to "challenging Bitcoin mining economics" Mining is still about 90% of revenue. But the growth is coming from GPUs, not hashrate. What to watch: about $185M in contracted GPU cloud ARR. The company notes contracted ARR isn't recognized revenue yet. Is this where every $BTC miner ends up? #Bitcoin #AI #BitcoinMining #TenMinutesToMidnight I'm not turning off shit! Not financial advice. ✌️
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