HIVE Digital Technologies hits 14 Exahash milestone, annualized bitcoin revenue to $315 million

Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to share a major operational milestone: the company has surpassed 14 Exahash per second (EH/s) of Bitcoin mining hashrate across its global operations in Canada, Sweden, and Paraguay. This achievement drives a current annualized run rate of $315 million in Bitcoin revenue, with mining margins of approximately 55% after electricity costs, based on the latest Bitcoin Hashprice Index. Holmes emphasized that HIVE is on pace to achieve 18 EH/s by the end of summer 2025 and reach 25 EH/s by U.S. Thanksgiving. These benchmarks would firmly position HIVE among the most efficient and fastest-scaling Bitcoin miners in the world. Progress continues at HIVE’s Paraguay operations, where Phase 2 of its Yguazú campus is now over 60% complete. The company has already energized 4 EH/s of Bitmain’s next-generation S21+ Hydro miners, boosting daily Bitcoin production from 4 to over 7 BTC. Once Phase 2 is fully deployed, it’s expected to deliver 6.5 EH/s. Coupled with development at the Valenzuela site (Phase 3), HIVE anticipates daily output will reach 12 BTC by year-end—equivalent to nearly 3% of global daily Bitcoin production. Following the fiscal year ended March 31, 2025, in which the company reported $105 million in Bitcoin revenue, HIVE’s annualized run rate has now more than tripled. With strong mining economics and significant hashrate expansion, HIVE is executing on its strategy to lead the next phase of industrial-scale Bitcoin mining. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BuzzHPC #AIInfrastructure #NvidiaH200 #QuebecDataCenter #SustainableTech #GPUCluster #TorontoTech #AITraining #HiveDigital #LiquidCooling #Supercomputing #GreenEnergyAI #Exahash #HighPerformanceComputing