HIVE Digital Technologies to acquire Toronto data center
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has signed a deal to acquire a data center facility in Toronto with approximately 7.2 megawatts of installed capacity. The company said the purchase, made through its wholly owned subsidiary BUZZ High Performance Computing Inc., will support large-scale AI training, inference, and cloud services aimed at Canadian enterprises, government programs, and researchers.
HIVE Digital Technologies surpasses 11 EH/s Bitcoin hashrate as it completes Paraguay expansion ahead of schedule
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it has exceeded 11 Exahash per second (EH/s) of global Bitcoin mining hashrate, reaching an operational level of 11.4 EH/s. This milestone follows the early completion of Phase 1 of the company's Yguazú project in Paraguay, which added 100 megawatts (MW) of power capacity.
HIVE Digital: Great Seasonality And A Bullish Chart Setup
HIVE's price has dropped, but the value proposition is now even stronger with a bullish technical setup and clear line in the sand. Seasonality is favorable for HIVE in June and July, and revenue/earnings estimates have improved significantly since January. HIVE's mining capacity and efficiency are set to surge, with major growth expected in both Bitcoin mining and HPC/AI segments.
Hive Digital Technologies grows Bitcoin mining capacity with Paraguay expansion
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company's major milestone of hitting 10 Exahash (EH/s) in Bitcoin mining capacity. He detailed how Hive was able to achieve this rapid growth through the acquisition of partially completed Bitfarms facilities in Paraguay.
HIVE Digital Technologies producing more than 5 Bitcoin per day after growing hashrate
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced a 58% increase in peak Bitcoin mining hashrate for May 2025, rising from 6.6 EH/s in April to 10.4 EH/s, as the company continues to scale operations and expand capacity. The company attributed this growth to the successful energization of HIVE's 100 MW hydro-powered facility in Paraguay, contributing to its global network powered entirely by hydroelectric energy.
HIVE Digital Technologies continues to boost Bitcoin mining capacity, surpassing 10 EH/s
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has surpassed 10 exahash per second (EH/s) in global Bitcoin mining hashrate as it continues to expand its Paraguay facility. Over the past month, the company has added 1 EH/s each week and is currently ahead of schedule to reach its Phase 1 goal of 11.5 EH/s by the end of June 2025.
HIVE Digital Technologies achieves EH/s milestone as it expands Paraguay facility - ICYMI
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes joined Proactive to talk about the company's exponential growth plans and progress during what he described as a “transformative year.” Holmes shared that HIVE started the year with 6 exahash (EH/s) and plans to scale up to 10 exahash over a short timeline, in alignment with its operational blueprints.
HIVE Digital Technologies achieves 9.5 EH/s hashrate, targets 25 EH/s by year-end
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has achieved a new record in its Bitcoin mining hashrate, reaching 9.5 exahash per second (EH/s). This milestone places the company above 1% of the global Bitcoin network hashrate, HIVE said on Thursday.
HIVE Digital Technologies expands global hashrate following Paraguay facility launch
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced that it has surpassed 8.0 Exahash per second (EH/s) of global Bitcoin mining hashrate, reporting a current total of 8.3 EH/s. This milestone is part of the company's strategic plan to reach 25 EH/s by the fourth quarter.
HIVE Digital hits 7.3 EH/s in Bitcoin mining as Paraguay expansion accelerates
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced on Friday that it has surpassed 7.3 exahash per second (EH/s) in global Bitcoin mining capacity, a 10% increase from the previous month. The company, which uses hydroelectric power for mining, said the increase was driven by the energization of the first 100-megawatt (MW) phase at its new site in Paraguay.
HIVE powers up in Paraguay as it ramps up Bitcoin mining ambitions
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has flipped the switch on Phase 1 of its new data centre in Paraguay, marking a big step in its plans to boost Bitcoin mining capacity. The Canadian tech company said it had finished building and energising the first 100 megawatts of infrastructure at its Yguazù site - enough to eventually support 5 exahash per second (EH/s) of mining power.
HIVE Digital Technologies completes 100 MW buildout at Paraguay Bitcoin mining facility
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced the full completion of Phase 1 infrastructure at its 100-megawatt (MW) Bitcoin mining facility in Yguazù, Paraguay. The company said on Monday that the facility is now energized and ready to scale, backed by a 200 MW substation.
