HIVE Digital's global Bitcoin mining capacity surpasses 20 EH/s, increases hashrate by 233%

HIVE Digital Technologies ( NASDAQ: HIVE ) has announced a significant milestone , exceeding 20 Exahash per second (EH/s) in its global Bitcoin ( BTC-USD ) mining ￰0￱ was achieved following the successful deployment of ASICs at its new Phase 3 Valenzuela facility in ￰1￱ new facility is powered by hydroelectric energy from the Itaipu Dam, reinforcing HIVE's commitment to sustainable ￰2￱ company has seen its hash rate increase by about 233% year-to-date and is now mining 9 Bitcoin per day with an efficiency of 18 Joules per Terahash (J/TH). HIVE's mining margin after electricity costs is 55%. With the Phase 3 installation ahead of schedule, the company has hit its 19 EH/s target and now sits at 20 EH/s.

This is a key step toward its goal of reaching 25 EH/s by ￰3￱ Phase 3 of its Paraguay operations nearly complete, HIVE Digital is on track to significantly increase its Bitcoin production and ￰4￱ company projects that once the phase is fully operational, it will be mining approximately 12 BTC per day, based on current network ￰5￱ also expects its operational efficiency to improve to around 17.5 J/TH at that ￰6￱ company has fully funded all ASIC purchases for this phase, and all machines have been ￰7￱ 40% of the ASICs are already on-site and being installed, with the rest scheduled for delivery within the ￰8￱ on HIVE Digital Technologies ￰9￱ Digital: Living The HPC/AI Dream HIVE Digital: Underwhelming Q4, Continue To Avoid HIVE Digital Technologies Ltd.

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