TLDR
- HIVE hit 267 BTC in September and fast-tracks its 100 MW Valenzuela site.
- HIVE boosts hashrate by 19% while keeping energy efficiency front and center.
- With 21.8 EH/s online, HIVE eyes 25 EH/s by Thanksgiving 2025.
- HIVE mines record BTC as the hydro-powered Valenzuela build nears completion.
- HIVE combines scale, sustainability, and speed in September’s mining surge.
HIVE gained momentum as its stock closed at $4.45, rising 2.06%, with pre-market trading reaching $4.66, a 4.72% gain. HIVE showcased strong performance through steady hashrate growth and production expansion, confirming bullish sentiment in the market. The company strengthened its operations with significant progress at the Valenzuela Phase 3 facility and notable Bitcoin mining results in September 2025.
HIVE Digital Technologies Ltd. (HIVE)
HIVE Reports Record Bitcoin Output and Hashrate Surge
HIVE produced 267 Bitcoin in September 2025, marking an 8% increase from August and a 138% year-over-year surge. The company averaged 9 BTC per day while achieving an average hashrate of 19.4 exahash per second (EH/s). This growth outperformed the 16% increase in global Bitcoin network difficulty, highlighting HIVE’s operational strength.
The fleet reached an efficiency of 18 joules per terahash (J/TH), optimizing energy use while maintaining performance stability. HIVE’s Bitcoin per EH/s stood at 13.8 BTC, reinforcing its focus on efficiency and productivity. The achievement underscored its strategic deployment of renewable-powered mining infrastructure across multiple continents.
HIVE’s mining fleet reached a record 21.8 EH/s capacity, powered exclusively by hydroelectric energy. This renewable energy approach solidified its position as a sustainability-focused digital infrastructure company. The company also reaffirmed plans to achieve 25 EH/s by U.S. Thanksgiving, maintaining a projected efficiency of 17.5 J/TH.
Valenzuela Expansion Advances Ahead of Schedule
The 100 MW Phase 3 Valenzuela project progressed faster than planned, strengthening HIVE’s operational base in Paraguay. The company completed civil works, installed hydro containers, and activated the control center, ensuring efficient project readiness. HIVE transitioned its focus toward energizing ASIC units, gradually integrating them into full production.
Approximately half of the Valenzuela site’s capacity is now online, with remaining hydro containers under active commissioning. The next batch of ASICs is scheduled for installation within the upcoming week to boost hashrate. This expansion aligns with HIVE’s long-term target of sustainable hashrate growth and capital efficiency.
The Valenzuela development demonstrates HIVE’s disciplined approach to infrastructure scaling and power management. Its operations continue leveraging Paraguay’s stable hydroelectric energy, ensuring consistent uptime and cost control. HIVE remains positioned for continued productivity growth in the global Bitcoin mining sector.
Sustained Momentum and Future Growth Outlook
HIVE maintains a clear trajectory toward operational scalability and financial efficiency through its ongoing expansion initiatives. The company’s Paraguay operations contribute consistent power savings with fixed-rate hydroelectric costs and minimal labor increases. Each exahash addition enhances daily Bitcoin production potential while maintaining predictable expenses.
HIVE expects all ASIC purchases for Phase 3 to remain fully funded and delivered, ensuring uninterrupted deployment. The company continues strengthening its dual-engine model by advancing Bitcoin mining and expanding its HPC and GPU AI cloud divisions. This strategy supports future revenue diversification while ensuring resilience against fluctuating network conditions.
HIVE’s September 2025 milestones reinforce its status as a global digital infrastructure leader. Through focused execution, renewable energy adoption, and consistent hashrate expansion, HIVE continues shaping its growth story. Its forward trajectory signals strong potential for sustained performance through 2026 and beyond.
