June 7, 2025
Hive Digital Capacity Crosses 10 eh/S in May, Aims to More than Double that by Year-End thumbnail
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Hive Digital Capacity Crosses 10 eh/S in May, Aims to More than Double that by Year-End

The Firm’s Hydropedered Paraguayan Facilites Fuelled A 58% MONTHLY HASHRATE JUMP.”, – WRITE: www.coindesk.com

Hive Digital Capacity Crosses 10 eh/S in May, Aims to More than Double that by Year-EndThe Firm’s Hydropedered Paraguayan Facilites Fuelled A 58% MONTHLY HASHRATE JUMP. Jun 6, 2025, 4:42 pm

Bitcoin Miner Hive Digital Technologies (Hive) Has Surpassed 10 Exahash per Second (Eh/S) in Hashrate Capacity, A 58% Increase from April, Driven by the La-Munch of a 100- Paraguay. The Company in a Press Release on Friday that is on Track to Reach 25 eh/s by the end of 2025.

The FIRM MINED 139 BITCOIN IN MAY, OR AVERAGE RATE OF 4.5 BTC per day. Peak Capacity Hit 10.4 eh/s while Average Hashrate for the month stood at 8.5 eh/s. Hive Said ITS Fleet Efficiency Remainned Steady at Atround 20 joules per Terahash (j/th), and itts Network Share Now Exceeds 1% of Global Bitcoin Mining Power.

The New Facility in Paraguay Reflects A Broader Trend in the Mining Industry: The Race to Deploy Next-Generation Asic Mines Rapidly and at Scale in Regions with Abundant Renewable.

CO-FOUNDER FRANK Holmes Emphasized The Company’s Speed ​​and Flexibility, Pointing To Its Buzz HPC Division, Wich Supports AI Cloud Infrastructure. CEO Aydin Kilic SAID The Company’s Goal for the Summer Is 18 eh/S, and that Fleet Upgrades Shold Allow for A Daily Btc Overput of Over 12 by The Fourth Quarter – PotenTenely ATAPLYLYNALYNALYNA.

Hive Operates Facilites in Canada, Sweden and Paraguay, Powered Entirely by Hydroelectricity. The company was the first publicly listed Crypto Miner on the Tsx Venture Exchange in 2017.

Hive Shares Are Higher by 13% in New York Trade on Friday as the Mining Sector Rallies Alongside Bitcoin’s Gain to Above $ 105,000.

Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

Tom Carreras

Tom Writs About Markets, Bitcoin Mining and Crypto Adoption in Latin America. He have a bachelor’s Degree in English Literature from McGill University, and CAN USUALLY BE FOR COSTA Rica. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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