7 December 2025
Bitcoin miner HIVE Digital Technologies reached a major milestone in May, reaching over 10 exahash per second (EH/s) of computing power, a 58% increase from April. The growth was largely driven by the commissioning of a new 100-megawatt hydroelectric plant in Paraguay.
According to a press release from the company, HIVE is on track to reach a capacity of 2025 EH/s by the end of 25. In May, 139 bitcoins were mined, averaging 4,5 BTC per day. The peak was even 10,4 EH/s, while the monthly average remained at 8,5 EH/s. The efficiency of the machine park remained stable at 20 joules per terahash (J/TH). With this, HIVE now controls more than 1% of the global Bitcoin computing power.
The Paraguay expansion underscores a broader industry trend of rapidly deploying the latest ASIC miners in locations with abundant renewable energy. Co-founder Frank Holmes emphasized the importance of speed and flexibility. He also pointed to HIVE’s Buzz HPC division, which supports AI cloud infrastructure in addition to mining bitcoin.
CEO Aydin Kilic indicated that the target for this summer is 18 EH/s. Thanks to upgrades, he expects daily bitcoin production to exceed 12 BTC in the fourth quarter, potentially at a cost of less than $50.000 per coin.
HIVE has operations in Canada, Sweden and Paraguay — all powered by hydroelectric power. The company was the first publicly traded crypto miner on the TSX Venture Exchange in 2017.
HIVE shares rose 13% in New York on Friday, buoyed by the broader rally in the crypto market as bitcoin trades above $105.000.
How much computing power does HIVE currently have?
HIVE peaked at 10,4 EH/s in May, with a monthly average of 8,5 EH/s.
What is HIVE's goal for the end of 2025?
The company aims to expand its capacity to 25 EH/s by the end of the year.
Where does HIVE get its energy from?
All of HIVE’s facilities — in Canada, Sweden and Paraguay — run on sustainable hydropower.
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