Bitcoin Miner HIVE Eyes $45 Million in Annual Revenue From AI Deal
Summary
Bitcoin mining firm HIVE anticipates generating significant annual revenue from a new artificial intelligence agreement linked to its Boden site. However, the initial letter of intent is still nonbinding while company leaders work through financing arrangements and customer safeguard negotiations.
The Bitcoin miner says its Boden facility could generate $45 million annually, but a June letter of intent remains nonbinding as executives negotiate financing and customer protections for the project.
Source: Read the full story at Decrypt
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