Hive Digital (NASDAQ: HIVE) announced in a press release that it has exceeded 16 EH/s, advancing toward its goal of reaching 25 EH/s by Thanksgiving day in the U.S..
This milestone has raised Hive’s daily Bitcoin output above 8 BTC, doubling production since May 2025.
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Phase 2 of Hive’s expansion in Yguazú, Paraguay includes over 5 EH/s of next-generation Bitmain S21+ hydro miners.
Hive will start deploying ASIC miners at the Phase 3 Valenzuela site in September, completing the fully funded path to 25 EH/s. At that level, Hive projects daily Bitcoin production of 12 BTC and a fleet efficiency of roughly 17.5 J/TH.
Read More: Hive Digital’s BUZZ HPC partners with Bell Canada to deploy 5 MW for AI
At time of publication, HIVE is down 2.8% during pre-market hours.
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Hive Digital surpasses 16 EH/s, eyes 25 EH/s by Q4
Published 2 months ago
Aug 25, 2025 at 10:23 AM
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