Bitcoin News Today: Hive Digital Surpasses 16 EH/s Hashrate Doubling Bitcoin Output to 8 BTC Daily

Hive Digital Technologies has achieved a significant milestone by surpassing a hashrate of 16 exahash per second (EH/s), doubling its daily Bitcoin production to over 8 BTC since May 2025 [1]. The increase is a direct result of deploying over 5 EH/s of next-generation Bitmain S21+ Hydro miners at its Yguazú facility in Paraguay, a project led by Gabriel Lamas, the Country President of Paraguay Operations [1]. This expansion marks a key step in the company’s fully funded growth strategy, which is on track to reach 25 EH/s by U.S. Thanksgiving in 2025.

The company attributes this growth to disciplined capital allocation and access to low-cost energy, which are enabling predictable and scalable cash flow generation [2]. By deploying high-efficiency Application-Specific Integrated Circuit (ASIC) miners, Hive is optimizing energy use and improving unit economics—achieving higher output without a proportional rise in labor or overhead costs [2]. The company also anticipates reaching a projected daily production of 12 BTC at its Phase 3 Valenzuela site, with deployment expected in September 2025 [1]. Upon completion of that phase, Hive expects to achieve a global fleet efficiency of approximately 17.5 joules per terahash (J/TH) and account for nearly 3% of the global Bitcoin supply at current network difficulty [1].

The rapid growth underscores Hive’s position as one of the most operationally efficient and well-positioned Bitcoin miners in the industry. By strategically deploying cutting-edge mining hardware and leveraging energy-efficient infrastructure, the company is capitalizing on the growing institutional interest in institutional-grade computing and sustainable energy solutions within the Bitcoin mining sector [1]. The expansion reflects a broader trend in the industry, where operational discipline and access to affordable energy are key differentiators for long-term success.

Source:

[1] Hive Digital tops 16 EH/s hashrate, doubling Bitcoin output ... (https://www.proactiveinvestors.com/companies/news/1077263/hive-digital-tops-16-ehs-hashrate-doubling-bitcoin-output-and-targeting-25-ehs-by-thanksgiving.html)

[2] HIVE Digital Hits 16 EH/s Bitcoin Mining Power, Targets 25 ... (https://www.stocktitan.net/news/HIVE/retransmission-hive-digital-technologies-crosses-16-eh-s-marching-i414kcojrdd4.html)