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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/23/2026

HIVE Stock Surges 25% as Ivy League Researchers Leverage Paraguay GPUs for AI

What happened: HIVE’s stock price jumped 25% after Ivy League researchers used its Paraguay-based GPUs to train neural networks.

HIVE Stock Surges 25% as Ivy League Researchers Leverage Paraguay GPUs for AI

What happened: HIVE’s stock price jumped 25% after Ivy League researchers used its Paraguay-based GPUs to train neural networks. The resulting research was submitted to NeurIPS, a leading AI conference set for later this year.

Why it matters: The collaboration demonstrates the potential for crypto mining infrastructure to support AI research, diversifying revenue streams for mining firms. It also signals growing academic interest in leveraging decentralized compute resources for advanced machine learning tasks.

Source: The Block