Hive Digital Technologies surpasses 13 EH/s in mining, targets 18 EH/s by August 2025

Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to announce that the company has surpassed 13 exahash per second (EH/s) in global Bitcoin mining hashrate. This milestone comes as Hive now mines over 6.5 Bitcoin per day, a result of deploying next-generation hydro-cooled mining systems during Phase 2 of development at its Yguazú facility in Paraguay. Holmes noted that over 2 EH/s of Bitmain S21+ Hydro ASIC miners are now operational at the site, and the company anticipates a total of 6.5 EH/s from Phase 2 once fully deployed. Hive remains on track to reach its near-term goal of 18 EH/s in total global hashrate by the end of August 2025. Hive also announced it has achieved $300 million in annualized run-rate revenue (ARR) from its Bitcoin mining and high-performance computing (HPC) operations. This ARR is supported by profit margins of approximately 55%, based on current power costs and hash price metrics. Looking ahead, the company projects ARR of approximately $400 million upon achieving the 18 EH/s goal. At that scale, Hive expects a global fleet efficiency of 18.5 joules per terahash (J/TH) and mining margins approaching 60% after accounting for electrical costs. This latest development reflects Hive’s strategy of expanding through energy-efficient, next-generation infrastructure while maintaining profitability amid a competitive mining environment. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BuzzHPC #AIInfrastructure #NvidiaH200 #QuebecDataCenter #SustainableTech #GPUCluster #TorontoTech #AITraining #HiveDigital #LiquidCooling #Supercomputing #GreenEnergyAI #Exahash #HighPerformanceComputing