On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 graphics processing units (GPUs).
From Bitcoin Mining to AI Expansion: Hive Digital Acquires Nvidia GPUs for HPC Enhancement
Hive Digital (Nasdaq: HIVE), elaborated on its strategy to incorporate these GPUs into a dozen HGX servers. Each server will be equipped with eight H100 GPUs featuring SXM connectivity. This initiative is set to enhance Hive’s existing GPU division, which presently operates 2,600 GPUs in partnership with HPC platforms.
The recent addition enables clients to access Hive’s Nvidia GPUs for various timeframes. Frank Holmes, Hive’s executive chairman, emphasized the company’s shift from exclusive crypto-mining to a broadened strategy encompassing diverse GPU applications.
“With our proven track record of operating m
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