HIVE Digital projects Bitcoin mining margins up to 52% as Bitcoin nears $80K, powered by cheap hydroelectric energy.

HIVE Digital Technologies forecasts Bitcoin mining margins rising from 36% at a $60K Bitcoin price to 52% at $80K, thanks to its low-cost hydroelectric power from Paraguay. In Q1 FY2027, HIVE reported a 73% revenue increase year-over-year, driven mainly by Bitcoin mining which generated $72.1 million of the $79.1 million total revenue. The company also diversifies into high-performance computing and AI, contributing $7 million in revenue. This margin growth highlights how renewable energy and rising Bitcoin prices combine to boost profitability, though HPC and AI revenues are still a small part of total income.