{"id":17,"date":"2026-11-11T20:28:31","date_gmt":"2026-11-11T20:28:31","guid":{"rendered":"https:\/\/coinwhiff.net\/index.php\/2026\/11\/11\/hives-fiscal-q2-mining-revenue-fell-to-76-million-as-the-net-loss-widened-to-78-7-million\/"},"modified":"2026-11-11T20:28:31","modified_gmt":"2026-11-11T20:28:31","slug":"hives-fiscal-q2-mining-revenue-fell-to-76-million-as-the-net-loss-widened-to-78-7-million","status":"publish","type":"post","link":"https:\/\/coinwhiff.net\/index.php\/2026\/11\/11\/hives-fiscal-q2-mining-revenue-fell-to-76-million-as-the-net-loss-widened-to-78-7-million\/","title":{"rendered":"HIVE\u2019s Fiscal Q2 Mining Revenue Fell to $76 Million as the Net Loss Widened to $78.7 Million"},"content":{"rendered":"

How did HIVE Digital Technologies\u2019 mining results look in the second fiscal quarter ended September 30, when more bitcoin was produced but mining revenue and the company result both weakened?<\/p>\n

On November 10, 2026, Foresight News reported, citing The Block, that HIVE had released those results.<\/p>\n

Company and mining results<\/strong><\/p>\n

Revenue was $84.9 million, down 2.7% from a year earlier. The net loss widened to $78.7 million from $15.8 million in the year-ago period.<\/p>\n

Output and mining revenue moved in opposite directions. HIVE mined 1,070 BTC, up 49% year over year, while mining revenue fell to $76 million from $82.1 million. In the financial report, HIVE attributed the revenue decline mainly to a lower average bitcoin price. It also recorded a $31.2 million impairment on mining machines for the quarter. That charge is reported separately from the mining-revenue comparison.<\/p>\n

BUZZ high-performance computing<\/strong><\/p>\n

Over the same period, revenue at HIVE\u2019s BUZZ high-performance computing business rose 70.7% year over year to $8.8 million. GPU cloud capacity already online corresponded to about $40 million of annualized revenue. Including contracted capacity that was not yet online, that figure was about $185 million. Those two amounts are annualized indications, not revenue recognized in the quarter; the reported BUZZ revenue for the period is $8.8 million.<\/p>\n

Original article: Foresight News<\/a>, published November 10, 2026.<\/p>\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

How did HIVE Digital Technologies\u2019 mining results look in the second fiscal quarter ended September 30, when more […]<\/p>\n","protected":false},"author":1,"featured_media":15,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/posts\/17","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/comments?post=17"}],"version-history":[{"count":0,"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/posts\/17\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/media\/15"}],"wp:attachment":[{"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/media?parent=17"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/categories?post=17"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinwhiff.net\/index.php\/wp-json\/wp\/v2\/tags?post=17"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}