HIVE completes Paraguay mining expansion, targets 12 BTC daily

HIVE completed Phase 2 of its Paraguay Yguazú mining site, boosting total mining power to 18 EH/s.

HIVE Digital Technologies, a Bitcoin mining and digital infrastructure company, has completed Phase 2 of its mining site in Paraguay, the Yguazú project, ahead of schedule. With this expansion, HIVE’s total mining power has grown to 18 EH/s. 

HIVE plans to complete Phase 3 of the Yguazú project, with construction nearly finished and new Bitcoin ASIC miners set to be installed in the coming weeks. Once completed around U.S. Thanksgiving (November 27, 2025), this phase will raise HIVE’s total mining capacity to 25 EH/s. At that scale, the company expects to produce about 12 Bitcoin per day based on the current network difficulty level, accounting for roughly 3% of the global Bitcoin network. To reach this production level, HIVE will need to deploy more mining machines and use more power.