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.
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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.
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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.
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