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HIVE Digital ups Bitcoin output 22% in August, hits 18 EH/s and advances 100 MW Paraguay expansion
Episode 13344
Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the company’s 22% month-over-month increase in Bitcoin production for August 2025, underscoring both the company’s operational strength and its accelerating expansion in Paraguay. Daubaras reported that HIVE mined a total of 247 Bitcoin in August, averaging more than 8 BTC per day. With the successful completion of Phase 2 of the Yguazú Project, HIVE also exceeded 18 exahash per second (EH/s) of global mining capacity. The company is now consistently producing over 8.5 BTC daily, all powered by renewable hydroelectric energy from the Itaipú Dam, one of the world’s largest hydro facilities. HIVE is also advancing construction at its 100 MW Phase 3 Valenzuela site, which Daubaras confirmed is now substantially complete. The deployment of mining infrastructure is already underway, with the first six Bitmain S21+ Hydro containers (≈350 PH/s) online. As a result, HIVE’s global fleet efficiency has increased to approximately 18.5 EH/s. This achievement marks the company’s third 100 MW green energy buildout in Paraguay, further solidifying HIVE’s leadership in environmentally sustainable Bitcoin mining. All ASIC purchases for Phase 3 are fully funded, and additional units are expected to be delivered and installed over the coming weeks. Once Phase 3 is fully operational, HIVE anticipates producing approximately 12 BTC per day, based on current network difficulty. At that scale, the company expects to represent roughly 2.5–3% of the global Bitcoin mining network, while maintaining fleet-wide energy efficiency at around 17.5 joules per terahash (J/TH). Daubaras emphasized that HIVE’s strategic growth in Paraguay not only supports its target of 25 EH/s by U.S. Thanksgiving 2025, but also demonstrates how the company is scaling its operations responsibly with renewable energy, providing both shareholders and the Bitcoin network with sustainable value creation. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors
Published on 23 hours ago