Key Notes
- The enlargement leverages energy from Paraguay’s Itaipú Dam, positioning the location because the nation’s largest renewable mining facility by 2026.
- Hive’s world hashrate has surged from 6 EH/s to just about 22 EH/s in 2025, with plans to achieve 25 EH/s by year-end.
- Regardless of operational momentum, Hive’s inventory declined 3.58% on October 21 after a unstable month marked by a single-day 28% spike earlier in October.
Hive Digital Applied sciences has finalized an settlement to construct a 100-megawatt hydroelectric-powered knowledge middle at its Yguazú website in Paraguay, marking a key step in its plan to extend world Bitcoin BTC $112 136 24h volatility: 1.3% Market cap: $2.24 T Vol. 24h: $93.77 B mining capability to 35 exahashes per second (EH/s) by 2026.
This venture is an extension of Hive’s present operations within the area, which started with the acquisition of Bitfarms’ operations in Paraguay in January 2025. It would push the whole renewable mining capability on the Paraguayan campus to 400 MW, making it the nation’s largest facility of its form. The brand new section will make the most of energy from the Itaipú Dam, identified for its low electrical energy prices and minimal carbon footprint.
Operational Scale and Strategic Partnerships
Based on Hive’s statements, the corporate has ramped up its world Bitcoin mining energy from 6 EH/s initially of 2025 to simply beneath 22 EH/s as of October, and is focusing on 25 EH/s by the tip of the yr.
The upcoming 100 MW enlargement is scheduled to start development in early 2026, with full commissioning anticipated to be accomplished within the third quarter of that yr. Alongside infrastructure progress, Hive plans a fivefold improve in its high-performance computing and AI operations, a pattern that started in 2024, pushed by the hype surrounding AI.
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These plans are tied to strategic collaborations with companions, together with Bell Canada, to bolster its computing footprint and reinforce long-term diversification in AI workloads.
Impacts on Native Economic system and Mining Management
Hive’s transfer strengthens Paraguay’s place as a Bitcoin mining hub, highlighting each financial and environmental advantages. The Yguazú website already produces 8.5 BTC per day, supporting native employment and funding in neighborhood infrastructure.
By leveraging renewable power, Hive maintains low operational prices, which helps protect profitability as competitors drives world hashrates increased. Price mentioning that Hive is without doubt one of the few miners which can be investing in rising its hashrate, in line with Matthew Sigel, Head of Analysis at VanEck.
One of many few BTC miners nonetheless rising hash fee. https://t.co/za6WkMU9Tf
— matthew sigel, recovering CFA (@matthew_sigel) October 21, 2025
This motion is fueled by the Paraguayan authorities’s pro-crypto regulatory stance, which, by exempting mining power use from taxes till 2027, supplies a further incentive for such investments. This solely applies to crypto-regulated mining operations, that are very reactive in opposition to unlawful Bitcoin miners.
Inventory Retreats 21% Weekly Regardless of Operational Milestones
Hive Digital Applied sciences’ current advances in Paraguay, together with the completion of recent services, haven’t had a major impact on the efficiency of the fairness markets. On October 21, the shares are down 3.58%, however they rose by almost 28% in a single day in early October 2025, with a weekly lower of over 21% and a year-to-date acquire of just about 85%, in line with Yahoo! Finance.
HIVE inventory worth chart | Supply: Yahoo! Finance
This new milestone not solely signifies a major step ahead for Paraguay’s clear power sector but in addition cements its place as a regional hub for mining innovation. It highlights HIVE’s ongoing dedication to infrastructure growth and sustainable progress in Latin America and within the Bitcoin mining trade.
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