Core Insights - HIVE Digital Technologies reported a significant increase in Bitcoin production, achieving 290 BTC in November 2025, which is a 182% increase year-over-year from 103 BTC in November 2024 [6][7] - The company has reached a total installed Bitcoin mining capacity of 25 EH/s, with a focus on sustainable and efficient operations [4][5] Production Highlights - November 2025 Bitcoin production was 290 BTC, with an average daily production of 9.7 BTC [6] - The company's hashrate averaged 23.5 EH/s, peaking at 25.4 EH/s, reflecting a 7% growth from 21.9 EH/s in October [6][7] - Fleet efficiency was reported at 17.5 J/TH, with 12.3 BTC produced per EH/s [6] Infrastructure Development - HIVE completed the full deployment of 300 MW capacity in Paraguay ahead of schedule, contributing to the total global Bitcoin mining capacity of 25 EH/s [5] - Plans are underway to develop an additional 100 MW hydroelectric-powered data center at the Yguazú campus, with commissioning targeted for Q3 2026 [5] AI and HPC Expansion - HIVE's subsidiary BUZZ HPC ranked number one globally for network download speed, indicating strong performance in high-performance computing [9] - The company is accelerating the development of AI and HPC infrastructure, leveraging cash flows from Bitcoin mining to fund upgrades [10][11] - Strategic expansions include upgrading facilities in Toronto and Boden, Sweden, to enhance Tier III+ capacity for AI applications [11][12] Management Insights - Management emphasizes the dual growth model of Bitcoin mining and AI infrastructure, positioning the company to capitalize on both sectors as demand surges [13] - The Paraguay buildout has become a model for future growth, showcasing the company's ability to rapidly expand its renewable digital infrastructure [13]
HIVE Digital Technologies Reports November Production of 290 BTC, Achieves 25 EH/s as Tier III+ AI Data Center Growth Accelerates into 2026