HIVE Digital is accelerating business restructuring, reducing bitcoin mining in Sweden and pivoting toward Canadian AI data centers and high-performance computing to address tax pressures and market volatility. The new business model will shift revenue generation from block rewards to computing power service fees to improve cash flow stability, though it also faces intensifying competitive challenges. This transformation reflects industry trend shifts and may reshape the profitability logic of the mining ecosystem.

OpenAI announced on March 17 a major adjustment to the Stargate project, abandoning plans to build its own data centers and switching to third-party cloud services to alleviate financing pressure. The company lowered its expected computing power expenditure for 2030 from 1.4 trillion dollars to approximately 600 billion dollars. A new partnership was reached with SoftBank, which will be responsible for facility development.

Nvidia unveiled Vera CPU at GTC conference, its first processor designed for Agent AI and reinforcement learning, featuring 88 proprietary cores with multi-task parallel processing support. Its high-bandwidth memory reduces power consumption, and multiple cloud service providers and hardware manufacturers have already planned integration. It is expected to enhance AI programming and streaming data processing performance, with shipments anticipated in the second half of the year.

Nvidia announced at its GTC conference the launch of the Space-1 space computing module, which integrates 2 Rubin GPUs and 1 Vera CPU, delivering AI inference computing power 25 times that of the H100, and supports on-orbit data processing. Founder Jensen Huang pointed out that thermal dissipation challenges in space remain to be solved. Initial partners include multiple space enterprises, but the launch timeline has not been determined.

Nvidia CEO Jensen Huang announced at GTC 2026 that the Vera Rubin platform will enter full-scale production, integrating seven new chips designed to build a supercomputer specifically for agentic AI. Compared to the previous generation, the GPU count has been reduced to one-quarter while inference capabilities have improved significantly. Combined orders are projected to reach $1 trillion between 2025 and 2027. Multiple cloud service providers and system vendors will launch related products in the second half of the year.

Artificial intelligence's increased demand for electricity has raised concerns about Bitcoin mining security. Since AI data centers generate higher revenue per megawatt of power than Bitcoin mining, mining companies are shifting toward AI. Crypto traders believe this could lead to a decline in Bitcoin's hash rate, increasing the risk of network attacks. However, Bitcoin developers argue that the difficulty adjustment mechanism will attract miners back to the network.

With the rise of artificial intelligence data centers, the bitcoin mining industry faces transformation pressure. Some miners are turning toward AI computing, attracted by higher returns from electricity costs. Although bitcoin's mining difficulty adjustment mechanism may restore network balance, the decline in hash rate raises security concerns, and the market is focused on the impact of bitcoin price volatility on mining return flows.

CoinCodex has selected eight top ASIC miners, and ICERIVER's ALEO AE3 has been successfully selected. This miner, specifically designed for the zkSNARK algorithm and optimized for the Aleo blockchain, features a maximum hash rate of 2GH/S, power consumption of 3400W, and is scheduled for release in November 2025.

Gate News Report: On March 16th, according to Gate's market data, as of press time, PI (Pi) is trading at $0.20, up 2.24% in the last 24 hours, with a high of $0.27 and a low of $0.19. The current market cap is approximately $1.955 billion. Pi Network is a digital currency platform that enables mining through mobile applications, utilizing breakthrough technology that allows users to mine Pi on their phones without draining battery. The network is characterized by decentralization, mobile-first design, and user-friendly features, dedicated to providing secure and unforgeable digital currency while avoiding the massive power consumption associated with traditional mining. Pi Network ensures network security through an invitation system, allowing users to download the official mobile app to join mining. Recent Important News for PI: 1️⃣ *

2026-03-13 12:45 to 2026-03-13 13:00 (UTC), BTC achieved a +0.60% return within 15 minutes, with a price range of 72341.6-72888.0 USDT and a volatility amplitude of 0.76%. Short-term price oscillations noticeably intensified. Due to abundant trading volume, market attention rose rapidly, reflecting a phase of strengthened buying power. The primary drivers of this movement are continuous net inflows into ETFs and a technical breakout of key structures. In March 2026, BTC spot ETFs attracted capital inflows as high as 1.6 billion dollars in a single week.