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tags.
Meta description: "HIVE Blockchain reports fiscal 2026 revenue of $297.8M, up 158%. Executive Chairman Frank Holmes says AI GPUs earn 10x more per hour than bitcoin mining rigs." -> Vietnamese.
We'll produce JSON with double quotes, escape if needed.
Let's do step by step.
First, translate title. We'll use "Doanh thu HIVE tăng 158% khi điện toán AI vượt trội so với khai thác Bitcoin theo tỷ lệ 10:1" but need to keep "10-to-1" as "10-1" or "gấp 10 lần". Let's be natural: "Doanh thu HIVE tăng vọt 158% khi điện toán AI vượt xa khai thác Bitcoin theo tỷ lệ 10-1" or "gấp 10 lần". I'll go with "gấp 10 lần" but the original says "10-to-1" so maybe "tỷ lệ 10-1". Let's keep it simple: "Doanh thu HIVE tăng 158% khi điện toán AI vượt khai thác Bitcoin gấp 10 lần" but that changes structure. I'll do: "Doanh thu HIVE tăng vọt 158% khi điện toán AI vượt xa khai thác Bitcoin theo tỷ lệ 10-1" - that's fine.
Now content translation:
Original:
HIVE Blockchain Technologies reported fiscal 2026 revenue of $297.8 million, a 158% jump from the prior year. Executive Chairman Frank Holmes said the company's AI compute GPUs now generate 10 times more revenue per hour than its bitcoin mining rigs, underscoring a strategic pivot that's reshaping the firm's bottom line.
The numbers behind the pivot
The revenue surge comes as HIVE has been shifting resources from proof-of-work mining to high-performance computing for AI workloads. Holmes' comment — that each hour of GPU compute brings in ten times what a mining rig does — puts a fine point on why. The company's fiscal year ended in March 2026, and the results reflect a full year of that transition. The $297.8 million figure compares to roughly $115 million in fiscal 2025, a leap that suggests the AI business is now the dominant revenue driver.
A broader industry shift
HIVE isn't alone. Several publicly traded mining firms have been repurposing their infrastructure for AI, chasing higher margins and more stable demand. But the 10x revenue-per-hour figure is a concrete benchmark that other operators will likely be watching. It's one thing to talk about diversification; it's another to put a number on the gap between old and new revenue streams.
What Holmes said
Frank Holmes, who also serves as executive chairman, made the statement in the company's earnings release. He didn't provide a breakdown of how much of the $297.8 million came from AI versus mining, but the revenue jump — from roughly $115 million the year before — suggests the AI business is now the dominant driver. The timing isn't great for bitcoin miners: network hashrate is near all-time highs, squeezing margins. HIVE's move into AI compute looks prescient in that light.
The company hasn't given specific guidance for fiscal 2027 yet, but with AI compute demand still growing and bitcoin mining margins under pressure, the direction is clear. Investors will be watching the next quarterly report for more detail on how fast the transition is accelerating.
HIVE Blockchain Technologies reported fiscal 2026 revenue of $297.8 million, a 158% jump from the prior year. Executive Chairman Frank Holmes said the company's AI compute GPUs now generate 10 times more revenue per hour than its bitcoin mining rigs, underscoring a strategic pivot that's reshaping the firm's bottom line.
The numbers behind the pivot
The revenue surge comes as HIVE has been shifting resources from proof-of-work mining to high-performance computing for AI workloads. Holmes' comment — that each hour of GPU compute brings in ten times what a mining rig does — puts a fine point on why. The company's fiscal year ended in March 2026, and the results reflect a full year of that transition. The $297.8 million figure compares to roughly $115 million in fiscal 2025, a leap that suggests the AI business is now the dominant revenue driver.
A broader industry shift
HIVE isn't alone. Several publicly traded mining firms have been repurposing their infrastructure for AI, chasing higher margins and more stable demand. But the 10x revenue-per-hour figure is a concrete benchmark that other operators will likely be watching. It's one thing to talk about diversification; it's another to put a number on the gap between old and new revenue streams.
What Holmes said
Frank Holmes, who also serves as executive chairman, made the statement in the company's earnings release. He didn't provide a breakdown of how much of the $297.8 million came from AI versus mining, but the revenue jump — from roughly $115 million the year before — suggests the AI business is now the dominant driver. The timing isn't great for bitcoin miners: network hashrate is near all-time highs, squeezing margins. HIVE's move into AI compute looks prescient in that light.
The company hasn't given specific guidance for fiscal 2027 yet, but with AI compute demand still growing and bitcoin mining margins under pressure, the direction is clear. Investors will be watching the next quarterly report for more detail on how fast the transition is accelerating.
