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 successfully deployed 300 MW of mining capacity in Paraguay, contributing to a total of 25 EH/s of installed global Bitcoin mining capacity [5][8] - HIVE's operations are positioned to capitalize on the growing demand for both Bitcoin mining and high-performance computing (HPC) infrastructure, with plans for further expansion in 2026 [10][14] Production Highlights - November 2025 Bitcoin production reached 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, indicating a 7% growth from 21.9 EH/s in October [7][6] - Fleet efficiency was reported at 17.5 J/TH, with a production rate of 12.3 BTC per EH/s [6] Infrastructure Development - HIVE completed the full deployment of its 300 MW capacity in Paraguay two weeks ahead of schedule, enhancing its global mining capacity [5] - Plans are in place to develop an additional 100 MW hydroelectric-powered data center at the Yguazú campus, with full commissioning targeted for Q3 2026 [5][8] - The total renewable infrastructure footprint will reach 540 MW across three continents, including 400 MW in Paraguay and 140 MW in Canada and Sweden [8] AI and HPC Expansion - HIVE's subsidiary BUZZ HPC ranked number one worldwide for network download speed, indicating strong capabilities in high-performance computing [10] - The company is accelerating the development of AI and HPC infrastructure, funded by cash flows from Bitcoin mining [11][14] - Strategic expansions include upgrades to facilities in Toronto and Boden, Sweden, to support additional GPU operations [12][13] Management Insights - Executive Chairman Frank Holmes emphasized the company's dual-engine model, leveraging Bitcoin operations to drive HPC growth [14] - The rapid expansion in Paraguay is seen as a model for future growth, with a focus on maximizing return-on-invested-capital [14]
RETRANSMISSION: HIVE Digital Technologies Reports November Production of 290 BTC, Achieves 25 EH/s as Tier III+ AI Data Center Growth Accelerates into 2026