HIVE Digital Technologies operates two Bitcoin mining facilities in Paraguay totaling 300 MW of hydroelectric power capacity. The company targets a global hashrate of 25 EH/s in 2025 and 35 EH/s in 2026, representing a 40% increase within one year, in a post-halving environment where mining rewards were cut in half in April 2024. Gabriel Lamas, appointed as Paraguayan operations head in March 2025 with over twenty years of industry experience, is overseeing this expansion. The firm is also developing the BUZZ platform to support AI and high-performance computing workloads. HIVE trades on Nasdaq and TSX under the ticker HIVE.
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