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Hive Digital surpasses 8 EH/s in global bitcoin hashrate, accelerates growth toward 25 EH/s in 2025
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Manage episode 482938617 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Hive Digital Technologies Chief Executive Officer Aydin Kilic joined Steve Darling from Proactive to announce a major operational milestone as the company’s global Bitcoin mining hashrate has surpassed 8.3 Exahash per second (EH/s). This achievement marks a significant step forward in HIVE’s strategic plan to scale operations to 25 EH/s by Q4 2025. Kilic attributed the rapid growth to the successful commissioning of the company’s first 100-megawatt hydro-powered data center in Yguazu, Paraguay, which became operational earlier this quarter. The new facility underscores HIVE’s commitment to sustainable, low-cost energy sources, a key pillar in its growth strategy. HIVE is currently on track to hit its Phase 1 target of 11.5 EH/s by the end of June 2025, with additional capacity expected to come online in the coming weeks. Importantly, the company has fully funded its next wave of ASIC orders, enabling growth to 18 EH/s in Q3 2025. This was strategically accomplished through the deployment of HIVE’s Bitcoin treasury, which now stands at 610 BTC. Further expansion is well underway. HIVE’s second 100 MW facility in Yguazu is on schedule for completion this summer and will support the increase from 11.5 to 18 EH/s. The final push to reach 25 EH/s will be supported by the third 100 MW facility, located in Valenzuela, Paraguay, set to come online in Q4 2025. With multiple new facilities, a well-funded expansion plan, and a clear roadmap, Hive Digital is positioning itself as one of the world’s leading Bitcoin miners with an emphasis on green energy and long-term scalability. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors
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605 episodes
MP3•Episode home
Manage episode 482938617 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Hive Digital Technologies Chief Executive Officer Aydin Kilic joined Steve Darling from Proactive to announce a major operational milestone as the company’s global Bitcoin mining hashrate has surpassed 8.3 Exahash per second (EH/s). This achievement marks a significant step forward in HIVE’s strategic plan to scale operations to 25 EH/s by Q4 2025. Kilic attributed the rapid growth to the successful commissioning of the company’s first 100-megawatt hydro-powered data center in Yguazu, Paraguay, which became operational earlier this quarter. The new facility underscores HIVE’s commitment to sustainable, low-cost energy sources, a key pillar in its growth strategy. HIVE is currently on track to hit its Phase 1 target of 11.5 EH/s by the end of June 2025, with additional capacity expected to come online in the coming weeks. Importantly, the company has fully funded its next wave of ASIC orders, enabling growth to 18 EH/s in Q3 2025. This was strategically accomplished through the deployment of HIVE’s Bitcoin treasury, which now stands at 610 BTC. Further expansion is well underway. HIVE’s second 100 MW facility in Yguazu is on schedule for completion this summer and will support the increase from 11.5 to 18 EH/s. The final push to reach 25 EH/s will be supported by the third 100 MW facility, located in Valenzuela, Paraguay, set to come online in Q4 2025. With multiple new facilities, a well-funded expansion plan, and a clear roadmap, Hive Digital is positioning itself as one of the world’s leading Bitcoin miners with an emphasis on green energy and long-term scalability. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors
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