RETRANSMISSION: HIVE Digital Technologies Celebrates Record 9.5 EH/s Milestone, Driving Shareholder Value on Path to 25 EH/s by 2025
HIVE Digital Technologies has achieved a new milestone of 9.5 Exahash per second (EH/s) in Bitcoin mining hashrate, representing over 1% of the global Bitcoin network. The company is currently mining over 4.5 Bitcoin daily and aims to reach 25 EH/s by the end of 2025.
HIVE's expansion plans include reaching 11.5 EH/s by June 2025 and launching a second 100 MW facility in Yguazú, Paraguay, targeting 18 EH/s by summer 2025. A third 100 MW campus in Valenzuela, Paraguay, is planned to achieve the 25 EH/s goal by Q4 2025. The company operates using 100% renewable energy, with its first 100 MW hydro-powered data center already operational in Yguazú, adding approximately 1 EH/s weekly.
HIVE Digital Technologies ha raggiunto un nuovo traguardo con un tasso di hash di 9,5 Exahash al secondo (EH/s) nel mining di Bitcoin, rappresentando oltre l'1% della rete globale di Bitcoin. Attualmente l'azienda estrae più di 4,5 Bitcoin al giorno e punta a raggiungere 25 EH/s entro la fine del 2025.
I piani di espansione di HIVE prevedono di arrivare a 11,5 EH/s entro giugno 2025 e di avviare un secondo impianto da 100 MW a Yguazú, Paraguay, con l'obiettivo di raggiungere 18 EH/s entro l'estate 2025. È inoltre previsto un terzo campus da 100 MW a Valenzuela, Paraguay, per raggiungere il traguardo di 25 EH/s entro il quarto trimestre del 2025. L'azienda opera utilizzando energia 100% rinnovabile, con il primo data center da 100 MW alimentato da energia idroelettrica già operativo a Yguazú, che aggiunge circa 1 EH/s ogni settimana.
HIVE Digital Technologies ha alcanzado un nuevo hito con una tasa de hash de 9,5 Exahash por segundo (EH/s) en la minería de Bitcoin, representando más del 1% de la red global de Bitcoin. Actualmente, la empresa está minando más de 4,5 Bitcoins diarios y tiene como objetivo llegar a 25 EH/s para finales de 2025.
Los planes de expansión de HIVE incluyen alcanzar 11,5 EH/s para junio de 2025 y lanzar una segunda instalación de 100 MW en Yguazú, Paraguay, con la meta de llegar a 18 EH/s para el verano de 2025. Se planea un tercer campus de 100 MW en Valenzuela, Paraguay, para lograr el objetivo de 25 EH/s para el cuarto trimestre de 2025. La compañía opera utilizando energía 100% renovable, con su primer centro de datos hidroeléctrico de 100 MW ya en funcionamiento en Yguazú, que añade aproximadamente 1 EH/s semanalmente.
HIVE Digital Technologies는 비트코인 채굴 해시레이트에서 9.5 엑사해시/초(EH/s)라는 새로운 이정표를 달성했으며, 이는 전 세계 비트코인 네트워크의 1% 이상을 차지합니다. 회사는 현재 하루에 4.5개 이상의 비트코인을 채굴하고 있으며, 2025년 말까지 25 EH/s 달성을 목표로 하고 있습니다.
HIVE의 확장 계획에는 2025년 6월까지 11.5 EH/s 도달과 파라과이 이과수에 두 번째 100MW 시설을 개설하여 2025년 여름까지 18 EH/s를 목표로 하는 것이 포함됩니다. 또한, 파라과이 발렌수엘라에 세 번째 100MW 캠퍼스를 계획하여 2025년 4분기까지 25 EH/s 목표를 달성할 예정입니다. 회사는 100% 재생 에너지를 사용하며, 이과수에 이미 운영 중인 첫 번째 100MW 수력 발전 데이터 센터는 매주 약 1 EH/s를 추가하고 있습니다.
HIVE Digital Technologies a atteint un nouveau jalon avec un taux de hachage de 9,5 Exahash par seconde (EH/s) dans le minage de Bitcoin, représentant plus de 1 % du réseau mondial de Bitcoin. L'entreprise extrait actuellement plus de 4,5 Bitcoins par jour et vise à atteindre 25 EH/s d'ici la fin 2025.
Les plans d'expansion de HIVE incluent d'atteindre 11,5 EH/s d'ici juin 2025 et de lancer une deuxième installation de 100 MW à Yguazú, Paraguay, visant 18 EH/s pour l'été 2025. Un troisième campus de 100 MW à Valenzuela, Paraguay, est prévu pour atteindre l'objectif de 25 EH/s d'ici le quatrième trimestre 2025. L'entreprise fonctionne à 100 % avec de l'énergie renouvelable, son premier centre de données hydroélectrique de 100 MW étant déjà opérationnel à Yguazú, ajoutant environ 1 EH/s chaque semaine.
HIVE Digital Technologies hat einen neuen Meilenstein mit einer Bitcoin-Mining-Hashrate von 9,5 Exahash pro Sekunde (EH/s) erreicht, was über 1% des globalen Bitcoin-Netzwerks entspricht. Das Unternehmen schürft derzeit täglich mehr als 4,5 Bitcoin und strebt an, bis Ende 2025 25 EH/s zu erreichen.
Die Expansionspläne von HIVE beinhalten, bis Juni 2025 11,5 EH/s zu erreichen und eine zweite 100-MW-Anlage in Yguazú, Paraguay, zu eröffnen, mit dem Ziel, bis Sommer 2025 18 EH/s zu erreichen. Ein dritter 100-MW-Campus in Valenzuela, Paraguay, ist geplant, um das Ziel von 25 EH/s bis zum vierten Quartal 2025 zu erreichen. Das Unternehmen betreibt seine Anlagen mit 100 % erneuerbarer Energie; das erste 100-MW-Wasserkraft-Rechenzentrum in Yguazú ist bereits in Betrieb und steigert die Kapazität wöchentlich um etwa 1 EH/s.
- Achieved record 9.5 EH/s in Bitcoin mining hashrate, exceeding 1% of global network
- Currently mining over 4.5 Bitcoin daily
- Operating with 100% renewable energy, reducing operational costs
- Adding approximately 1 EH/s weekly, surpassing earlier projections
- Clear expansion roadmap to reach 25 EH/s by Q4 2025
- Two additional 100 MW facilities planned in Paraguay
- Significant capital expenditure required for planned expansion
- Execution risk in meeting aggressive growth targets
- Geographic concentration risk with multiple facilities in Paraguay
This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025 to its short form base shelf prospectus dated September 11, 2024.
San Antonio, Texas--(Newsfile Corp. - May 22, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, proudly announces a new all-time high of 9.5 Exahash per second (EH/s) in Bitcoin mining hashrate. This achievement positions HIVE above
A Journey of Milestones for Shareholders
HIVE's ascent to 9.5 EH/s reflects a series of strategic victories that underscore its commitment to growth and sustainability. From energizing its first 100 MW hydro-powered data center in Yguazú, Paraguay, to surpassing
The Company's progress is driven by a clear vision: to scale responsibly while maximizing shareholder returns. By leveraging
Building Momentum for the Future
Achievable, value-driven milestones mark HIVE's roadmap. By June 2025, the Company expects to reach 11.5 EH/s, completing the first phase of its expansion with enhanced energy efficiency. This progress is fueled by ongoing deployments at the Yguazú facility, where new Bitcoin mining equipment is being installed to boost capacity.
Looking ahead, HIVE is preparing to launch a second 100 MW facility in Yguazú by summer 2025, targeting 18 EH/s and aiming to capture
Leadership Perspectives
Frank Holmes, Co-Founder and Executive Chairman of HIVE, stated: "Our journey is about creating lasting value for our shareholders. The team, led by Country President Gabriel Lamas in Paraguay, has outperformed expectations, scaling our operations at an unprecedented pace. These milestones are not just numbers-they represent our commitment to building a sustainable, high-growth company. We're setting the stage for an extraordinary 2025."
Aydin Kilic, President and CEO of HIVE, added: "Hitting 9.5 EH/s is a testament to our strategic focus and execution. We're mining a significant share of Bitcoin's daily rewards, and our growth trajectory positions us to double our network share by the end of summer. For our shareholders, this means a stronger, more resilient HIVE, ready to thrive in a dynamic market."
About HIVE Digital Technologies Ltd.
HIVE Digital Technologies Ltd. is a sustainability-driven leader in digital infrastructure, mining Bitcoin using
For more information, visit hivedigitaltech.com, or connect with us on:
X: https://x.com/HIVEDigitalTech
YouTube: https://www.youtube.com/@HIVEDigitalTech
Instagram: https://www.instagram.com/hivedigitaltechnologies/
LinkedIn: https://linkedin.com/company/hiveblockchain
On Behalf of HIVE Digital Technologies Ltd.
"Frank Holmes"
Executive Chairman
For further information, please contact:
Nathan Fast, Director of Marketing and Branding
Frank Holmes, Executive Chairman
Aydin Kilic, President & CEO
Tel: (604) 664-1078
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes but is not limited to: the acquisition of the new site in Paraguay and its potential, the timing of it becoming operational; business goals and objectives of the Company; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; the receipt of government consents; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the inability to enter into a binding agreement and complete the acquisition of the Paraguay site on the terms as announced or at all; the inability to complete the construction of the Paraguay acquisition on an economic and timely basis and achieve the desired operational performance; the ongoing support and cooperation of local authorities and the Government of Paraguay; the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company's ability to utilize the Company's ATM Program and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company's electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company's profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of pandemics on the business of the Company, including but not limited to the effects of pandemics on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company's disclosure documents under the Company's filings at www.sec.gov/EDGAR and www.sedarplus.ca.
The forward-looking information in this news release reflects the Company's current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.
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FAQ
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