IVE Digital Technologies announces that it has surpassed 14 Exahash per second, EH/s, of Bitcoin mining hashrate across its operations in Canada, Sweden, and Paraguay, and in the process has realized a current Bitcoin annual run rate, ARR, revenue of $315M, with mining margins of approximately 55% after electricity costs, based on the current hashprice per the Bitcoin Hashprice Index. HIVE remains firmly on track to reach 18 EH/s by the end of summer and 25 EH/s by U.S. Thanksgiving.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIVE:
- 3 Best Crypto Stocks to Buy with Over 150% Upside, According to Analysts
- HIVE Digital Technologies Achieves 13 EH/s in Bitcoin Mining, Eyes Further Expansion
- 3 Best Stocks to Buy Now, 7/21/2025, According to Top Analysts
- HIVE Digital Technologies: Buy Rating on Aggressive Expansion and Undervaluation
- Hive Digital Stock Smashes Into Top Ranks as Revenue Rockets & Bitcoin Tops $118K