About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

RETRANSMISSION: HIVE Digital Technologies Completes Phase 2 of Its Yguazú Project in Paraguay Reaching 18 EH/s, Producing 8 Bitcoin per Day from Hydroelectric PowerSeptember 03, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.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. - Septe ...

HIVE Digital Technologies Completes Phase 2 of Its Yguazú Project in Paraguay Reaching 18 EH/s, Producing 8 Bitcoin per Day from Hydroelectric PowerSeptember 03, 2025 1:00 AM EDT | Source: HIVE Digital Technologies Ltd.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 3, 2025) - ...

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Core Points - HIVE Digital Technologies has surpassed 16 EH/s of global Bitcoin mining hashrate, aiming for 25 EH/s by U.S. Thanksgiving [2][3] - The company's daily Bitcoin output has increased to over 8 BTC, doubling production since May [3] - HIVE's expansion in Paraguay is a key driver of this growth, with over 5 EH/s of next-generation miners already operational [4][9] Company Operations - The deployment of new machines is ongoing, with Phase 3 at the Valenzuela site set to begin in September [4] - Upon completion of Phase 2, HIVE expects to achieve a total operating hashrate of 18 EH/s, with daily Bitcoin production projected to reach 12 BTC [4][9] - The company has a global fleet efficiency of approximately 17.5 J/TH, representing nearly 3% of the global Bitcoin supply at current network difficulty [4][9] Financial Metrics - At a network difficulty of 129T, one exahash generates approximately 0.50 BTC per day, indicating that an additional 2 EH/s could yield roughly 1.0 BTC per day [5][9] - HIVE's mining margin after electrical costs is projected to be around 60% with Bitcoin priced at $113,000 [9][10] - The primary cost of mining operations is electricity, accounting for approximately 80-90% of total costs [7][10] Strategic Vision - The company emphasizes its commitment to building resilient, decentralized infrastructure for Bitcoin while generating robust cash flow for shareholders [5][11] - HIVE operates exclusively on renewable hydroelectric energy, reinforcing its focus on sustainability [11]

Core Viewpoint - HIVE Digital Technologies has surpassed 16 EH/s in Bitcoin mining hashrate and aims to reach 25 EH/s by U.S. Thanksgiving, driven by expansion efforts in Paraguay [2][4]. Group 1: Company Performance - HIVE's daily Bitcoin output has increased to over 8 BTC, doubling production since May 2025 [3]. - The company expects to reach 18 EH/s in the coming weeks, with Phase 2 at Yguazú site nearing completion [5][8]. - The global fleet efficiency is projected to improve to approximately 18.4 J/TH, enhancing profitability [8]. Group 2: Mining Economics - At the current network difficulty of 129T, one exahash generates about 0.50 BTC per day, indicating that adding 2 EH/s could yield an additional 1 BTC daily [5][8]. - HIVE's mining margin after electricity costs is estimated to be around 60% with Bitcoin priced at $113,000 [8][9]. - The primary cost of mining operations is electricity, accounting for approximately 80-90% of total costs [6][9]. Group 3: Strategic Focus - The company emphasizes its commitment to building decentralized infrastructure that secures Bitcoin's future while generating cash flow for shareholders [5]. - HIVE's operations are powered exclusively by renewable hydroelectric energy, aligning with its sustainability goals [10].

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Viewpoint - BUZZ High Performance Computing, a subsidiary of HIVE Digital Technologies, has partnered with Bell Canada to create a significant sovereign AI ecosystem in Canada, leveraging NVIDIA's advanced infrastructure for AI and machine learning applications [2][5][11] Company Overview - BUZZ HPC is a wholly owned subsidiary of HIVE Digital Technologies Ltd., recognized as a Canadian AI cloud provider and NVIDIA Cloud Partner [2][8] - The company specializes in delivering enterprise-grade cloud services and large-scale NVIDIA GPU clusters, optimized for AI, machine learning, and scientific workloads [8] Partnership Details - The partnership with Bell Canada aims to provide government and enterprise customers access to NVIDIA's advanced GPU clusters, including Ampere, Hopper, and Blackwell, integrated with Bell's AI Fabric [3][4] - This collaboration will ensure nationwide access to high-performance computing resources, hosted in secure Canadian facilities that comply with data residency and cybersecurity regulations [4][11] Infrastructure Deployment - The initial deployment will start with a 5 MW infrastructure in Manitoba, with plans for expansion into other Bell AI Fabric data centers across Canada [6][11] - The infrastructure is designed to support a variety of national objectives, enhancing innovation and competitiveness in AI [6][11] Strategic Importance - The partnership is positioned to establish Canada as a leader in AI innovation while ensuring the protection of digital independence through sovereign AI infrastructure [5][11] - The collaboration combines BUZZ HPC's hardware capabilities with Bell's advanced network and data center resources, creating a comprehensive AI solution for the Canadian market [7][11]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]