RETRANSMISSION: HIVE Digital Technologies Provides August 2025 Production Report with 22% Monthly Increase in Bitcoin Production and Phase 3 Expansion
HIVE Digital Technologies (NASDAQ: HIVE) reported significant growth in its Bitcoin mining operations for August 2025, with 247 BTC produced, marking a 22% increase from July's 203 BTC. The company achieved an average hashrate of 16.3 EH/s, peaking at 18.1 EH/s.
HIVE's Phase 3 Valenzuela expansion is substantially complete, with the first six Bitmain S21+ Hydro containers now online, bringing the global fleet to 18.5 EH/s. The company aims to reach 25 EH/s by U.S. Thanksgiving 2025, which would represent 2.5-3% of the global Bitcoin mining network. Upon completion, HIVE expects daily Bitcoin production to reach approximately 12 BTC.
The expansion in Paraguay leverages renewable hydroelectric energy, with the company having scaled capacity by 200% since early 2025. The Phase 3 ASICs are fully funded, with additional units scheduled for delivery.
HIVE Digital Technologies (NASDAQ: HIVE) ha registrato una forte crescita nelle attività di mining di Bitcoin ad agosto 2025, con 247 BTC prodotti, in aumento del 22% rispetto ai 203 BTC di luglio. La società ha raggiunto una hashrate media di 16,3 EH/s, con un picco a 18,1 EH/s.
La fase 3 dell'espansione di Valenzuela è sostanzialmente completata: i primi sei container Bitmain S21+ Hydro sono ora operativi, portando la flotta globale a 18,5 EH/s. HIVE punta a raggiungere 25 EH/s entro il Thanksgiving statunitense 2025, livello che corrisponderebbe al 2,5-3% della rete globale di mining di Bitcoin. Al termine dei lavori, la produzione giornaliera stimata dovrebbe essere di circa 12 BTC.
L'espansione in Paraguay sfrutta energia idroelettrica rinnovabile: la capacità è cresciuta del 200% dall'inizio del 2025. Gli ASIC della fase 3 sono completamente finanziati e sono previste ulteriori consegne di unità.
HIVE Digital Technologies (NASDAQ: HIVE) registró un crecimiento notable en su minería de Bitcoin en agosto de 2025, con 247 BTC producidos, un aumento del 22% respecto a los 203 BTC de julio. La compañía alcanzó una tasa de hash media de 16,3 EH/s, con un pico de 18,1 EH/s.
La fase 3 de la expansión en Valenzuela está prácticamente completada: los primeros seis contenedores Bitmain S21+ Hydro ya están en línea, elevando la flota global a 18,5 EH/s. HIVE aspira a llegar a 25 EH/s para el Thanksgiving en EE. UU. de 2025, lo que representaría entre el 2,5% y el 3% de la red mundial de minado de Bitcoin. Una vez finalizada, la producción diaria se espera que alcance aproximadamente 12 BTC.
La expansión en Paraguay aprovecha la energía hidroeléctrica renovable, y la compañía ha aumentado su capacidad un 200% desde principios de 2025. Los ASIC de la fase 3 están totalmente financiados y se esperan entregas adicionales.
HIVE Digital Technologies (NASDAQ: HIVE)는 2025년 8월 비트코인 채굴 실적이 크게 증가했다고 보고했습니다. 247 BTC를 생산해 7월의 203 BTC보다 22% 증가했습니다. 회사의 평균 해시레이트는 16.3 EH/s였고 최대치는 18.1 EH/s에 달했습니다.
발렌수엘라(Valenzuela) 3단계 확장은 사실상 완료되었으며, 처음으로 가동된 여섯 대의 Bitmain S21+ Hydro 컨테이너로 전 세계 채굴 설비는 18.5 EH/s에 이르렀습니다. HIVE는 미국 추수감사절(2025년)까지 25 EH/s 달성을 목표로 하고 있으며, 이는 전 세계 비트코인 채굴 네트워크의 약 2.5~3%에 해당합니다. 완료 시 일일 채굴량은 약 12 BTC로 예상됩니다.
파라과이 확장은 재생 가능한 수력 에너지를 활용하며, 회사는 2025년 초 이후 설비 용량을 200% 확대했습니다. 3단계에 투입되는 ASIC은 전액 자금이 확보되어 있으며 추가 장비의 배송이 예정되어 있습니다.
HIVE Digital Technologies (NASDAQ: HIVE) a annoncé une forte progression de son activité de minage de Bitcoin pour août 2025, avec 247 BTC produits, soit une hausse de 22% par rapport aux 203 BTC de juillet. La puissance de calcul moyenne s'est établie à 16,3 EH/s, avec un pic à 18,1 EH/s.
L'expansion Phase 3 à Valenzuela est quasiment achevée : les six premiers conteneurs Bitmain S21+ Hydro sont désormais en ligne, portant la flotte mondiale à 18,5 EH/s. HIVE vise 25 EH/s d'ici Thanksgiving 2025 aux États-Unis, ce qui représenterait 2,5–3% du réseau mondial de minage Bitcoin. Une fois l'expansion terminée, la production quotidienne devrait atteindre environ 12 BTC.
L'expansion au Paraguay s'appuie sur l'énergie hydroélectrique renouvelable : la capacité a été multipliée par 3 depuis début 2025. Les ASIC de la Phase 3 sont entièrement financés et des livraisons supplémentaires sont prévues.
HIVE Digital Technologies (NASDAQ: HIVE) meldete für August 2025 ein deutliches Wachstum seiner Bitcoin-Mining-Aktivitäten: 247 BTC produziert, ein Anstieg von 22% gegenüber 203 BTC im Juli. Die durchschnittliche Hashrate lag bei 16,3 EH/s, mit einem Höchstwert von 18,1 EH/s.
Die Phase-3-Erweiterung in Valenzuela ist größtenteils abgeschlossen; die ersten sechs Bitmain S21+ Hydro-Container sind nun in Betrieb und erhöhen die globale Flotte auf 18,5 EH/s. HIVE strebt an, bis zum US-Thanksgiving 2025 25 EH/s zu erreichen, was etwa 2,5–3% des globalen Bitcoin-Mining-Netzwerks entsprechen würde. Nach Fertigstellung wird eine tägliche Bitcoin-Produktion von rund 12 BTC erwartet.
Die Erweiterung in Paraguay nutzt erneuerbare Wasserkraft; die Kapazität wurde seit Anfang 2025 um 200% gesteigert. Die ASICs für Phase 3 sind vollständig finanziert, und weitere Gerätelieferungen sind geplant.
- Bitcoin production increased by 22% month-over-month to 247 BTC
- Hashrate grew to 18.5 EH/s, with Phase 3 Valenzuela expansion substantially complete
- 200% capacity scaling achieved since early 2025
- Operations powered by renewable hydroelectric energy, ensuring sustainable mining
- Phase 3 ASICs are fully funded, indicating strong financial position
- Operating costs expected to increase proportionally with machine usage
- Results dependent on volatile network difficulty and Bitcoin prices
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. - September 8, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a diversified multinational digital infrastructure company, today announced a
August 2025 Production Highlights
Bitcoin Produced: 247 BTC (vs. 203 BTC in July)
Average Daily Production: 8 BTC/day
Hashrate: Average hashrate of 16.3 EH/s in August, reaching a peak of 18.1 EH/s.
Fleet Efficiency: ~18.5 J/TH
BTC per EH/s: 15.2 BTC
With Phase 2 of the Yguazú Project completed, HIVE exceeded 18 EH/s of global mining capacity during the month, now producing over 8.5 BTC per day powered by renewable hydroelectric energy.
Phase 3 Valenzuela ASICs Online
Construction at the 100 MW Phase 3 Valenzuela site is now substantially complete. Deployment of ASICs has begun, with the first six Bitmain S21+ Hydro containers (≈350 PH/s) now online. As of today, HIVE's global fleet totals 18.5 EH/s.
This milestone represents the third 100 MW of green energy infrastructure in Paraguay, moving HIVE closer to its target of 25 EH/s by U.S. Thanksgiving 2025. All Phase 3 ASICs are fully funded, with additional units scheduled for delivery in the coming weeks.
Upon completion, HIVE anticipates daily Bitcoin production of ~12 BTC, based on current network difficulty. At that scale, HIVE expects to represent approximately 2.5
Management Commentary
Frank Holmes, Co-Founder and Executive Chairman, commented:
"After starting 2025 at 6 EH/s, our global team has already scaled capacity by
Aydin Kilic, President & CEO, added:
"Our focus is now on accelerating deployment at Valenzuela. Led by our Paraguayan country president Gabriel Lamas, the team has exceeded expectations at every stage. We look forward to reaching our target of 25 EH/s by U.S. Thanksgiving, further strengthening HIVE's position in the Bitcoin network and delivering enduring value to shareholders."
Darcy Daubaras, CFO, stated:
"In the Bitcoin mining sector, investors and analysts are focused on hashrate expansions EH/s and daily Bitcoin production as critical indicators of a company's growth and operational efficiency and potential. These metrics, particularly EH/s milestones, are the lifeblood of valuation in this industry, as they directly drive revenue potential in a highly competitive and capital-intensive market. We understand this, which is why we promptly announce each EH/s increase, recognizing its materiality to investors. Timely disclosure of these milestones through press releases is essential, as it signals growth but also strategic positioning in a volatile market. Investors expect these updates to be swift and transparent."
Operational Outlook
HIVE expects future growth to remain consistent with the economics of its Paraguay operations. Each incremental exahash adds to daily Bitcoin production and revenue potential, while operating costs remain predictable due to fixed-rate hydroelectric power and minimal incremental labor. Power expenses scale proportionally EH/s with machine usage and are aligned with current cost structures. Actual results may vary depending on network difficulty and Bitcoin prices
About HIVE Digital Technologies Ltd.
Founded in 2017, HIVE Digital Technologies Ltd. builds and operates sustainable blockchain and AI infrastructure data centers, powered exclusively by renewable hydroelectric energy. With a global footprint in Canada, Sweden, and Paraguay, HIVE is committed to operational excellence, green energy leadership, and scaling the future of digital finance and computing, while creating long-term value for its shareholders and host communities.
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 construction of the Company's in Yguazú, Paraguay and its potential specifications and performance upon completion, 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 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 will 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265441
FAQ
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