In accordance with HashNews, HIVE Digital Technologies has increased its Bitcoin mining hash rate to 23 EH/s, with plans to reach 25 EH/s by the end of the month. The growth is attributed to full hardware deployment at its 100 MW hydroelectric park in Paraguay. HIVE also plans to repurpose some mining facilities into AI data centers and expand operations in Toronto and Sweden, aiming to grow its GPU count from 5,000 to 36,000 by the end of 2026. The company currently holds approximately 2,201 Bitcoin in its treasury, ranking it as the 34th largest digital asset vault company.
HIVE Digital Mining Hash Rate Reaches 23 EH/s, Funding AI Infrastructure Expansion
HashNewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.