HIVE Digital hits 20 EH/s global Bitcoin capacity as Paraguay Phase 3 moves toward completion
Hive Digital Technologies CEO Aydin Kilic joined Steve Darling from Proactive to announce a significant achievement for the company — surpassing 20 Exahash per second (EH/s) of global Bitcoin mining capacity. This milestone comes on the heels of the continued rollout of advanced ASIC miners at HIVE’s Phase 3 Valenzuela facility in Paraguay. Kilic explained that Phase 3 marks the company’s third major 100-megawatt project in Paraguay, powered entirely by renewable hydroelectric energy from the world-renowned Itaipu Dam. This expansion underscores HIVE’s long-term commitment to building sustainable, environmentally responsible Bitcoin mining operations while scaling its global footprint. The results so far have been substantial. HIVE has grown its hashrate by approximately 233% year-to-date and is currently producing around nine Bitcoin per day at a fleet efficiency of 18 Joules per Terahash (J/TH). Importantly, the company is achieving a healthy 55% mining margin after electricity costs, demonstrating the profitability of its green-energy-powered infrastructure. At present, HIVE’s operations account for roughly 2% of the entire Bitcoin network, based on the current network difficulty of 142 trillion. With Phase 3 construction now largely complete and installations advancing ahead of schedule, HIVE recently surpassed its interim goal of 19 EH/s, ultimately pushing the company’s global fleet to 20 EH/s. This marks a critical milestone in its strategic roadmap to reach 25 EH/s by U.S. Thanksgiving later this year. Looking ahead, once Phase 3 is fully completed, HIVE expects its daily Bitcoin production to increase to approximately 12 BTC, while further improving efficiency to around 17.5 J/TH. This scaling effort positions the company to strengthen its role as one of the leading players in sustainable Bitcoin mining worldwide. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors
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