Hive Digital Tech achieves 2% of global Bitcoin mining capacity with green energy
Key Takeaways
- Hive Digital Technologies now holds 2% of the global Bitcoin mining capacity with a 20 EH/s hashrate.
- The company's operations in Paraguay are powered entirely by green hydroelectric energy.
Share this article
Hive Digital Technologies, a Bitcoin mining company, achieved a 20 EH/s hashrate and now represents 2% of the global Bitcoin network capacity.
The company’s operations are powered entirely by green hydroelectric energy at its Phase 3 facility in Paraguay. Hive currently mines approximately 9 Bitcoin daily with a 55% margin after electricity costs.
The mining firm’s hashrate increased by approximately 233% year-to-date through September 2025. Hive doubled its daily Bitcoin output since May 2025, surpassing 16 EH/s in August before reaching its current 20 EH/s capacity.
The Paraguay facility operates at 18 J/TH efficiency while using renewable energy sources. Hive targets expansion to 25 EH/s hashrate and 12 BTC daily production by U.S. Thanksgiving 2025.
Share this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Announcement on Bitget listing NFLXUSDT, FUTUUSDT, JDUSDT, RDDTUSDT, QQQUSDT STOCK Index perpetual futures
Bitget Trading Club Championship (Phase 15)—Trade spot and futures to share 120,000 BGB, up to 2200 BGB per user!
CandyBomb x COMMON: Trade futures to share 1,111,111 COMMON!