How did HIVE Digital Technologies’ mining results change when it earned more bitcoin but received less mining revenue? As reported by TechFlow on November 10, 2026, citing The Block, HIVE earned 1,070 BTC in mining rewards in its second fiscal quarter ended September 30, compared with 718 BTC a year earlier. Mining revenue nevertheless fell to $76 million from $82.1 million. HIVE said a lower quarterly average bitcoin price was the main reason for the revenue decline.
HIVE reported total quarterly revenue of $84.9 million, down 2.7% year over year, and a $78.7 million net loss, compared with a $15.8 million loss a year earlier. Its BUZZ high-performance computing business generated $8.8 million in revenue, up 70.7%. The company also recorded a $31.2 million impairment charge on mining equipment.
These are company-wide quarterly results, not a measure of any individual miner’s operating costs or profitability.
Source: techflowpost.com (originally published 2026-11-10 19:55 UTC+8)
