HIVE Digital Technologies reported a net loss of $78.7 million for its second fiscal quarter ended September 30, compared to a loss of $15.8 million in the same period last year. Revenue was $84.9 million, a 2.7% decrease year-over-year. HIIVE Digital Technologies earned 1,070 BTC in mining rewards during the quarter, compared to 718 BTC in the same period last year, but mining revenue fell to $76 million from $82.1 million. The company cited a decline in the average quarterly Bitcoin price as the primary reason for the revenue decrease. HIIVE's BUZZ high-performance computing business generated $8.8 million in revenue, a 70.7% year-over-year increase; the company recorded a $31.2 million impairment charge on mining equipment. (Source: The Block)