HIVE Digital Technologies projects Bitcoin mining margins ranging from 36% to 52%, scaling from 36% at $60K to 52% at $80K. This profitability hinges on electricity costs of 5 cents per kWh, achieved through hydroelectric power sourced from Paraguay, one of the cheapest energy markets globally. The company reported strong Q1 FY2027 results with quarterly revenue of $79.1 million, up 73% year-over-year. Bitcoin mining generated $72.1 million of that total, producing 1,004 BTC with an operational hashrate of approximately 24 EH/s. High-performance computing and AI infrastructure contributed $7 million in revenue, accounting for roughly 9% of total earnings.
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