Internet reports that crypto mining company HIVE Digital Technologies (NASDAQ: HIVE) announced the deployment of a new batch of NVIDIA GPU clusters in Quebec. The project has a total investment of US$30 million, including 248 H100 GPUs (32 nodes) and 508 H200 GPUs (64 nodes). The H100 cluster will be put into operation before the end of 2024, and the annualized revenue of the HPC business is expected to reach US$15 million in the next quarter; the H200 cluster will arrive in January 2025 and is planned to be deployed in the second quarter of 2025. The expected annualized revenue will exceed US$20 million. Frank Holmes, executive chairman of HIVE, said that the revenue potential of 10 MW of HPC NVIDIA chips serving AI demand is equivalent to 100 MW of Bitcoin mining revenue.