IVE Digital Technologies announced it has exceeded 20 Exahash per second, EH/s, of global Bitcoin mining capacity following the continued successful deployment of ASICs at its Phase 3 Valenzuela facility in Paraguay. Phase 3 represents HIVE‘s third 100 megawatt development of green energy infrastructure in Paraguay, powered by hydroelectric energy from the Itaipu Dam, reinforcing the Company’s commitment to sustainable Bitcoin mining. With a year-to-date hashrate increase of approximately 233%, HIVE is now mining 9 Bitcoin per day at a global fleet efficiency of 18 Joules per Terahash, achieving a mining margin of 55% after electricity costs. This represents approximately 2% of the Bitcoin network, based on the current difficulty of 142 trillion, with all figures publicly verifiable through Bitcoin block explorers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIVE:
- HIVE Digital Technologies Achieves 20 EH/s in Bitcoin Mining, Emphasizes Sustainable Growth and Community Impact
- 3 ‘Strong Buy’ Crypto Stocks with Huge Upside Potential, 9/23/25
- HIVE Digital Technologies Expands Canadian Footprint with Toronto Data Center Acquisition
- BUZZ HPC Expands AI Infrastructure with Toronto Data Center Acquisition
- HIVE Digital Technologies Expands Canadian Presence with Toronto Data Center Acquisition