Mining companies are "abandoning mining": HIVE bets big on GPUs, and the computing power war enters a new phase


A signal that many have overlooked but is extremely critical has just appeared:
HIVE Digital Technologies is making a strategic shift—moving from "mining BTC" to "selling computing power"
Capital move first
HIVE announced: a private placement of $75 million in 0% exchangeable senior notes (maturing in 2031)
Note two key words:
0% interest rate long-term debt (over 6 years)
Essentially: financing at extremely low cost, betting on the future computing power market
HIVE4.17%
BTC0.99%
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