{"id":685474,"date":"2026-11-10T00:53:53","date_gmt":"2026-11-10T00:53:53","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/11\/10\/hives-bitcoin-output-jumps-49-but-mining-revenue-still-falls\/"},"modified":"2026-11-10T00:53:53","modified_gmt":"2026-11-10T00:53:53","slug":"hives-bitcoin-output-jumps-49-but-mining-revenue-still-falls","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/11\/10\/hives-bitcoin-output-jumps-49-but-mining-revenue-still-falls\/","title":{"rendered":"HIVE\u2019s Bitcoin output jumps 49%, but mining revenue still falls"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/11\/01M71EDYRZ1KBPHBPK0G449WJN\/bitcoin-miner.jpg\" alt=\"HIVE\u2019s Bitcoin output jumps 49%, but mining revenue still falls\" class=\"type:primaryImage\" \/><\/p>\n<p>HIVE\u2019s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.<\/p>\n<p>Bitcoin miner HIVE Digital Technologies produced 49% more Bitcoin in the September quarter than a year earlier, but mining revenue fell as lower Bitcoin prices offset the increase in production.\u00a0<\/p>\n<p>According to its latest regulatory filing, the company <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1720424\/000106299326005842\/form10q.htm\" rel=\"noopener noreferrer\" target=\"_blank\"><span>produced<\/span><\/a> 1,070 Bitcoin in the three months ended Sept. 30, 2026, up from 718 a year earlier. Mining revenue fell 7.4% to $76 million as the average price of Bitcoin fell to $71,003 from $114,382 in the prior-year period.\u00a0<\/p>\n<p>The weaker revenue came alongside a rising power bill. Electricity costs increased to $45.6 million from $37.9 million as HIVE expanded its global mining capacity. HIVE also recorded a $31.2 million noncash write-down on mining equipment, citing \u201cdepressed mining economics.\u201d\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/hives-bitcoin-output-jumps-49-but-mining-revenue-falls\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>HIVE\u2019s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%. Bitcoin miner HIVE Digital Technologies produced 49% more Bitcoin in the September quarter than a year earlier, but mining revenue fell as lower Bitcoin prices offset the increase in production.\u00a0 According to its latest regulatory filing, the company produced 1,070 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":685475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-685474","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/685474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=685474"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/685474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/685475"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=685474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=685474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=685474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}