Hive Digital hits 18 EH/s global Bitcoin capacity early with Phase 2 completion at Paraguay site

Hive Digital Technologies has hit a major milestone in its global operations, completing Phase 2 of its Yguazú data center in Paraguay ahead of schedule and surpassing its targeted 18 exahash per second (EH/s) global Bitcoin mining capacity. Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the achievement, noting that HIVE first eclipsed its interim target of 17 EH/s, and shortly thereafter surpassed 18 EH/s, as the final ASICs were installed and fully energized at Yguazú. Since crossing the 17 EH/s threshold, the company has been consistently mining over 8 Bitcoin per day globally, with output now exceeding 8.5 Bitcoin per day. The Yguazú facility is powered entirely by renewable hydroelectric energy from the Itaipú Dam, the largest hydroelectric power facility in the Western Hemisphere. The project represents 200 megawatts of green energy capacity now fully operational in Paraguay, contributing to a global fleet efficiency of approximately 18.5 joules per terahash (J/TH). Daubaras emphasized that reaching 18 EH/s by summer 2025 was a key strategic goal for the company and its stakeholders. The early completion of Phase 2 underscores HIVE’s ability to execute on its infrastructure roadmap while maintaining its commitment to renewable energy-powered operations. Looking ahead, HIVE has also energized transformers for Phase 3 at its Valenzuela site, marking the third 100 MW tranche of green energy infrastructure deployed in Paraguay. With site construction now substantially complete, the installation of additional ASIC miners will commence in the coming weeks, positioning the company for continued scale and efficiency gains. By leveraging renewable power at scale, HIVE continues to strengthen its position as one of the most environmentally sustainable and technologically advanced Bitcoin miners in the world, while advancing its long-term strategy of building out next-generation digital infrastructure. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors