Hive Digital Pivots from Crypto Mining to AI Data Centers
Leveraging GPU Infrastructure for AI Workloads When Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism in 2022, crypto miner Hive Digital had to revamp its business model. The new purpose for its Nvidia graphic processing units (GPUs) was clear: artificial intelligence applications. The GPUs, purchased in a $66 million
