Cryptocurrency mining company HIVE has announced the deployment of a new batch of NVIDIA GPU clusters, with a total investment of 30 million USD.

According to reports, crypto mining company HIVE Digital Technologies (NASDAQ: HIVE) has announced the deployment of a new batch of NVIDIA GPU clusters in Quebec. The total investment for the project is $30 million, which includes 248 H100 GPUs (32 nodes) and 508 H200 GPUs (64 nodes). The H100 cluster is expected to be operational by the end of 2024; the H200 cluster is set to arrive in January 2025, with plans for deployment completion in the second quarter of 2025.