HIVE Digital Technologies Ltd. has announced significant progress in its operations. In March 2025, the company produced 108 Bitcoin, raising its total holdings to 2,201 BTC, valued at around $180 million. A key achievement is the start of mining operations at its hydro-powered site in Yguazú, Paraguay, with an initial production rate of 100 Petahash. HIVE aims to quadruple its mining capacity from approximately 6 EH/s to 25 EH/s by the end of 2025. This expansion reflects HIVE’s commitment to sustainable energy and innovation in the digital infrastructure sector. For further information, visit HIVE’s website or follow their social media channels.
HIVE Digital Technologies Launches Bitcoin Mining Operations in Paraguay
On April 7, 2025, HIVE Digital Technologies Ltd. announced a significant milestone in its operations with the commencement of bitcoin mining at its new 200 megawatt hydro-powered site in Yguazú, Paraguay. This development highlights HIVE’s commitment to sustainable digital infrastructure.
HIVE, listed on TSX Venture (TSXV: HIVE), NASDAQ (NASDAQ: HIVE), and Frankfurt (FSE: YO0), has reported impressive production results for March 2025. The company mined 108 bitcoins, increasing its total to 2,201 BTC, worth around $180 million at a current price of $82,000 per bitcoin. The increase in mining activity is part of HIVE’s strategy to enhance its green-powered assets while achieving operational efficiency.
Key Highlights:
– HIVE’s mining operations are now generating at an initial production rate of 100 Petahash.
– The company has a robust mining efficiency, operating at an average hashrate of 6.3 Exahash per second.
– Daily production rate averaged 3.5 BTC, demonstrating strong performance.
Engagement in Paraguay:
HIVE’s new site in Paraguay is expected to grow steadily, with plans to scale operations in phases. COO Luke Rossy emphasized the importance of this new facility in HIVE’s overall strategy to increase production capacity sustainably. The company aims to quadruple its overall mining capacity to 25 Exahash per second by the end of 2025.
Looking Ahead:
Frank Holmes, Executive Chairman of HIVE, expressed pride in the team’s achievements and highlighted the importance of this hydro-powered facility in the company’s sustainable growth. With significant infrastructure already in place for their Valenzuela site, HIVE is well-positioned for rapid expansion in the coming months.
About HIVE Digital Technologies Ltd.:
HIVE Digital Technologies is a leader in cryptocurrency mining and AI computing, dedicated to reducing its environmental footprint with operations primarily powered by green energy sources. To learn more about HIVE and its innovative approach, visit hivedigitaltech.com.
For those interested in following HIVE’s progress, the company also shares updates on social media platforms such as Twitter and YouTube.
What is the Yguazú Site?
The Yguazú Site is a location where HIVE Digital Technologies operates. Recently, they announced it has started operations and is now energized, meaning it’s ready to produce.
What production results were announced for March 2025?
HIVE Digital Technologies shared information about their production results for March 2025. They revealed how much energy and resources they have successfully generated during that month.
Why is the energization of the Yguazú Site important?
Energizing the Yguazú Site is a big step for HIVE Digital Technologies. It means they can start operations, which helps increase their energy production and support their growth goals.
How will this impact renewable energy production?
The energization of the Yguazú Site supports renewable energy production. This means more green energy will be available, contributing positively to environmental sustainability.
What are the benefits of starting operations at the Yguazú Site?
Starting operations at the Yguazú Site will create jobs, boost the local economy, and increase the production of clean energy. This is good news for both the community and the environment.
