Core Insights - HIVE Digital Technologies has completed Phase 2 of its Yguazú Project in Paraguay, achieving a global Bitcoin mining capacity of over 18 EH/s ahead of schedule, and is currently producing more than 8.5 Bitcoin per day [3][4][11] - The operations are powered by renewable hydroelectric energy from the Itaipú Dam, the largest hydroelectric facility in the Western Hemisphere [3][4] - The company aims to expand its capacity to 25 EH/s by U.S. Thanksgiving, projecting daily Bitcoin production of approximately 12 BTC at that scale [7][11] Company Operations - HIVE operates a dual business model, focusing on Bitcoin mining and AI cloud computing powered by GPUs in high-performance computing (HPC) data centers [5][12] - The Yguazú site has a capacity of 200 MW using hydroelectric power, with a global fleet efficiency of approximately 18.5 J/TH [4][11] - The company has successfully developed hydro ASIC cooling infrastructure to optimize operational efficiency in the local climate [6] Future Plans - Phase 3 at the Valenzuela site is substantially complete, with ASIC installations scheduled to begin shortly, contributing an additional 100 MW of green energy infrastructure [6][10] - HIVE has already paid for and received the ASICs for Phase 3, with further installations expected to enhance production capabilities [9][10] - The company anticipates that each incremental exahash will increase daily production and revenue potential, supported by fixed-rate hydroelectric power [11][12]