HIVE Digital Technologies Reports November Production of 290 BTC, Achieves 25 EH/s as Tier III+ AI Data Center Growth Accelerates into 2026
Executive Summary
- HIVE Digital Technologies reported November 2025 Bitcoin production of 290 BTC, a 182% YoY increase, and achieved full deployment of its 300 MW Paraguay mining campus two weeks ahead of schedule.
- The company announced plans to add an additional 100 MW hydro‑powered data center at the Yguazú campus in early 2026, targeting commissioning in Q3 2026, which will raise total renewable capacity to 540 MW and global hash rate to ~25 EH/s.
- HIVE’s BUZZ High Performance Computing subsidiary ranked #1 worldwide for network download speed and is expanding Tier III+ AI/HPC capacity across North America and Europe with thousands of next‑generation GPUs slated for early 2026.
Key Details
- November 2025 Production Highlights
- Bitcoin Produced: 290 BTC (↑182% YoY vs. 103 BTC in Nov 2024)
- Average Daily Production: 9.7 BTC/day
- Hashrate: 23.5 EH/s average (peak 25.4 EH/s) – up 7% from October 2025
- Fleet Efficiency: 17.5 J/TH (one of the most efficient globally)
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BTC per EH/s: 12.3 BTC
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Paraguay Phase 3 Completion
- Final ASICs commissioned, delivering full 300 MW capacity ahead of schedule.
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Added 25 EH/s of global Bitcoin mining capacity (average 17.5 J/TH).
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Future Capacity Expansion
- Planned 100 MW hydro‑electric data center at Yguazú campus, early 2026 start, commissioning targeted for Q3 2026.
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Post‑expansion total renewable footprint: 540 MW across Paraguay (400 MW), Canada & Sweden (140 MW).
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Current Global Facility Portfolio
| Location | Installed Hashrate (EH/s) | MW Capacity | Status |
|---|---|---|---|
| New Brunswick, Canada | 3.2 | 65 MW | Online |
| Lachute, Canada | 1.4 | 35 MW | Online |
| Sweden | 1.9 | 40 MW | Online |
| Valenzuela (Paraguay) | 6.7 | 100 MW | Online |
| Yguazú Phase 1 | 5.1 | 100 MW | Online |
| Yguazú Phase 2 | 6.7 | 100 MW | Online |
| Yguazú Phase 3 | – | 100 MW | Calendar Q3 2026 |
- BUZZ HPC Highlights
- Ranked #1 worldwide for network download speed in SemiAnalysis ClusterMAX™ 2.0 report.
- Upgrading Toronto facility to 7.2 MW Tier III+ AI compute, operating 2,000 GPUs.
- Sweden (Boden) upgrade adds another 2,000 GPUs.
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Partnership with Bell Canada will bring 2,000 GPUs online; first 504 GPUs expected in Q1 2026.
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Management Commentary
- Executive Chairman Frank Holmes emphasized the “dual‑engine” model leveraging Bitcoin cash flow to fund rapid AI/HPC expansion.
- President & CEO Aydin Kilic highlighted the Paraguay buildout as a growth playbook and underscored the fleet’s efficiency (17.5 J/TH) and BUZZ HPC’s global speed ranking.
Notable Quotes
“Our renewable campuses enable low‑cost, rapid deployment in months – not years. With Bitcoin’s next cycle and AI demand surging, our dual engine model is positioned to capture both supercycles in real time.” – Frank Holmes, Executive Chairman
“HIVE's Paraguay buildout, expanding our global footprint from 6 to 25 EH/s in just six months, has become our model for future growth… we have created a growth flywheel poised to accelerate even further in 2026 and beyond.” – Aydin Kilic, President & CEO