HIVE Digital (HIVE) Technologies announced it has completed Phase 2 in Yguazu ahead of schedule, and last week exceeded 18 Exahash per second, EH/s, of global Bitcoin mining capacity. The Company rapidly eclipsed the 17 EH/s target, followed by the 18 EH/s target, signifying completion of Phase 2 in Yguazu, as the final ASICs were installed. HIVE has been mining over 8 Bitcoin per day globally since eclipsing the 17 EH/s target and today is mining over 8.5 Bitcoin per day. With Phase 2 finished at Yguazu, HIVE has now successfully realized the goal of reaching a total global hashrate of 18 EH/s by Summer 2025, culminating in the completion of Yguazu, with 200 megawatts using hydroelectric power now under operation in Paraguay, with a global fleet efficiency of approximately 18.5 J/TH.
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