HIVE bitcoin mining production jumps by 191% in January

Group 1 - HIVE mined 297 Bitcoin in January, a 191% increase compared to the same month last year [1] - The company's hashrate peaked at 23.7 EH/s and averaged 22.2 EH/s, representing a 290% year-over-year increase [1] - Fleet efficiency improved to 17.5 J/TH [1] Group 2 - HIVE's operations in North America remained stable during Winter Storm Fern, which temporarily affected about 8% of Bitcoin's hashrate [2] - The company realized approximately $7.4 million from the cashless exercise of 480 Bitcoin options at an average value of $102,000 per coin [3] - Funds from the options exercise were allocated to purchase 2,667 Bitmain S21 XP miners for the Yguazú facility in Paraguay [3] Group 3 - The deployment of new miners is expected to increase HIVE's installed hashrate to 25.5 EH/s and improve fleet efficiency to 17 J/TH [3] - HIVE currently operates 440 MW of power and has contracted an additional 100 MW for deployment in Q3 2026, targeting a total of 540 MW [4]

HIVE bitcoin mining production jumps by 191% in January - Reportify