HIVE Digital Technologies expands Paraguay Bitcoin mining facility - ICYMI
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) CFO Darcy Daubaras talked with Proactive about the company's latest progress in Paraguay. Daubaras confirmed that HIVE has now completed phase two of its expansion, which includes the commissioning of 200 megawatts of hydro-powered capacity.
HIVE Digital Technologies boosts Bitcoin output with Paraguay expansion
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has surpassed 16 exahash per second (EH/s) of global Bitcoin mining hashrate, moving closer to its target of 25 EH/s by US Thanksgiving. The company's daily Bitcoin output has now risen above 8 Bitcoin, doubling production compared with May 2025, HIVE said on Monday.
Hive Digital's Buzz HPC and Bell Canada launch sovereign AI cloud - ICYMI
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE)'s Buzz HPC president and CEO Craig Tavares talked with Proactive about the company's new partnership with Bell Canada, aimed at building one of the largest sovereign AI and GPU cloud platforms in the country. The agreement brings together Buzz HPC's AI cloud infrastructure with Bell's expansive telecom network and data center capabilities, offering nationwide coverage and a Canadian-sovereign platform for advanced digital infrastructure.
HIVE Digital Technologies subsidiary BUZZ HPC partners with Bell Canada on sovereign AI infrastructure
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that its subsidiary BUZZ High Performance Computing (BUZZ HPC) has entered into a preferred partnership with Bell Canada to provide large-scale sovereign artificial intelligence (AI) infrastructure through Bell AI Fabric. Under the agreement, BUZZ HPC will supply Bell's government and enterprise clients with access to NVIDIA Ampere, Hopper, and Blackwell GPU clusters connected through NVIDIA Quantum-2 InfiniBand networking.
HIVE Digital posts record Q1 revenue and profit on higher Bitcoin mining, HPC growth
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) reported record quarterly revenue, net income and adjusted EBITDA on Friday, boosted by a sharp rise in Bitcoin mining hashrate and strong demand for its high-performance computing (HPC) hosting services. Revenue for the fiscal first quarter ended June 30 jumped to $45.6 million, up from the prior quarter, as average mining capacity rose 45% sequentially to 8.7 exahashes per second (EH/s) and Bitcoin prices edged higher.
Will HIVE Digital Technologies (HIVE) Report Negative Q1 Earnings? What You Should Know
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HIVE Digital Technologies targets spot among top five Bitcoin miners - ICYMI
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's rapid progress in Bitcoin mining expansion. Holmes shared that HIVE is significantly ahead of schedule, with expectations to reach 18 exahash by the end of August and 25 by US Thanksgiving.
HIVE Digital Technologies continues to expand global Bitcoin mining capacity
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has exceeded 14 Exahash per second (EH/s) of Bitcoin mining hashrate across its operations in Canada, Sweden, and Paraguay. This milestone brings the company's current Bitcoin annual run rate for revenue to $315 million, with mining margins of approximately 55% after electricity costs, based on the current hashprice as tracked by the Bitcoin Hashprice Index.
HIVE Digital crosses 13 EH/s in global Bitcoin mining capacity, eyes 25 EH/s by year-end
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) said it has surpassed 13 exahash per second (EH/s) in global Bitcoin mining capacity as it scales up operations at its hydro-cooled mining facility in Yguazú, Paraguay. The milestone comes as over 2 EH/s of Bitmain's next-generation S21+ Hydro ASIC miners went online in Phase 2 of the project.
HIVE Digital Technologies surpasses 12EH/s and $250M annual run rate as Paraguay expansion continues
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has exceeded 12 Exahash per second (EH/s) of global Bitcoin mining hashrate, doubling from 6 EH/s at the start of the year, and has reached a $250 million annualized run rate revenue. The milestone follows rapid progress at the company's Yguazú, Paraguay development, where HIVE is constructing three hydro-powered data center campuses.
HIVE Digital Technologies boosts Bitcoin output in June
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced an 18% month-over-month increase in Bitcoin production in June, mining 164 Bitcoin compared to 139 in May. The increased output was driven by progress at HIVE's 100 megawatt (MW) Phase 1 facility in Paraguay, the company said on Tuesday.
HIVE Digital Technologies eyes $100M in AI revenue as it expands in Paraguay - ICYMI
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's strategic growth through its expansion into Paraguay and the scaling of its high-performance computing (HPC) capabilities. Holmes outlined how HIVE increased its electricity capacity from 100MW to over 300MW in Paraguay by acquiring Bitfarms' operation.
