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Hive Digital Technologies achieves record 9.5 EH/s Bitcoin hashrate, targets 25 EH/s by Q4 2025
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Manage episode 484199812 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to announce the company has reached a new all-time high of 9.5 Exahash per second (EH/s) in Bitcoin mining hashrate, surpassing 1% of the global Bitcoin network. This milestone highlights HIVE’s strategic progress toward its ambitious goal of achieving 25 EH/s by the end of 2025. Holmes attributed the achievement to a series of strategic initiatives, including the energization of its first 100 MW hydro-powered data center in Yguazú, Paraguay. The current hashrate enables HIVE to mine over 4.5 Bitcoin per day, reinforcing its position as a leading player in the blockchain space. HIVE’s roadmap is driven by a commitment to responsible growth, renewable energy use, and maximizing shareholder value. The company is rapidly scaling, adding approximately 1 EH/s per week and targeting 11.5 EH/s by June 2025 through ongoing expansions at the Yguazú facility. Looking ahead, HIVE plans to launch a second 100 MW facility in Yguazú by summer 2025, pushing the hashrate to 18 EH/s and capturing 2% of the global network. A third 100 MW campus in Valenzuela, Paraguay, is set to bring the company to its 25 EH/s target by Q4 2025. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors
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606 episodes
MP3•Episode home
Manage episode 484199812 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to announce the company has reached a new all-time high of 9.5 Exahash per second (EH/s) in Bitcoin mining hashrate, surpassing 1% of the global Bitcoin network. This milestone highlights HIVE’s strategic progress toward its ambitious goal of achieving 25 EH/s by the end of 2025. Holmes attributed the achievement to a series of strategic initiatives, including the energization of its first 100 MW hydro-powered data center in Yguazú, Paraguay. The current hashrate enables HIVE to mine over 4.5 Bitcoin per day, reinforcing its position as a leading player in the blockchain space. HIVE’s roadmap is driven by a commitment to responsible growth, renewable energy use, and maximizing shareholder value. The company is rapidly scaling, adding approximately 1 EH/s per week and targeting 11.5 EH/s by June 2025 through ongoing expansions at the Yguazú facility. Looking ahead, HIVE plans to launch a second 100 MW facility in Yguazú by summer 2025, pushing the hashrate to 18 EH/s and capturing 2% of the global network. A third 100 MW campus in Valenzuela, Paraguay, is set to bring the company to its 25 EH/s target by Q4 2025. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors
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