This Bitcoin Miner from Wall Street Plans 317% Hash Rate Jump by September

HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NASDAQ: HIVE), announced its January production results alongside a significant expansion into Paraguay.Despite the overall slowdown in the industry and a decline in production reported by other miners, HIVE managed to maintain its levels from late 2024.HIVE Digital Reports Strong January PerformanceThe blockchain infrastructure provider mined 102 Bitcoin in January while maintaining an average hashrate of 5.7 Exahash per second (EH/s). The company's Bitcoin holdings reached 2,657 BTC, valued at approximately $271 million at month-end, reflecting a 34% increase year-over-year.HIVE's January operations maintained strong efficiency metrics, achieving an average daily production of 3.3 Bitcoin, equivalent to 18 BTC per Exahash. The company's mining fleet operated at 22 Joules per Terahash, with peak performance reaching 6 EH/s for Bitcoin-only mining and 6.4 EH/s for Bitcoin-equivalent hashrate.“We are targeting a blended fleet efficiency of 16.5 J/TH, positioning HIVE among the most energy-efficient Bitcoin miners globally,” commented Aydin Kilic, President and CEO of HIVE. “With consistent top industry rankings for uptime efficiency, we remain committed to operational excellence.”At the end of 2024, the company announced its decision to move its headquarters from Vancouver, Canada, to San Antonio, Texas, signaling a strategic shift toward the U.S. market.Miners Face Challenges in 2025Compared to December 2024, HIVE mined just one less Bitcoin, which is a strong result relative to its competitors. This week, Finance Magnates reported that major U.S. Bitcoin miners experienced a drop in production in January, as weather-related disruptions and a rising hashrate impacted operations.For example, Marathon Digital Holdings (NASDAQ: MARA), one of the largest miners in the industry, saw a 12% decline in monthly production, mining 750 Bitcoin in January compared to 865 in December. Meanwhile, Hut 8 (NASDAQ: HUT) focused on infrastructure upgrades during the month, but its Bitcoin production fell to 65 BTC from 89 BTC the previous month.HIVE’s January 2025 Bitcoin Production Update:

Feb 11, 2025 - 12:00

This Bitcoin Miner from Wall Street Plans 317% Hash Rate Jump by September

HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NASDAQ: HIVE), announced its January production results alongside a significant expansion into Paraguay.

Despite the overall slowdown in the industry and a decline in production reported by other miners, HIVE managed to maintain its levels from late 2024.

HIVE Digital Reports Strong January Performance

The blockchain infrastructure provider mined 102 Bitcoin in January while maintaining an average hashrate of 5.7 Exahash per second (EH/s). The company's Bitcoin holdings reached 2,657 BTC, valued at approximately $271 million at month-end, reflecting a 34% increase year-over-year.

HIVE's January operations maintained strong efficiency metrics, achieving an average daily production of 3.3 Bitcoin, equivalent to 18 BTC per Exahash. The company's mining fleet operated at 22 Joules per Terahash, with peak performance reaching 6 EH/s for Bitcoin-only mining and 6.4 EH/s for Bitcoin-equivalent hashrate.

“We are targeting a blended fleet efficiency of 16.5 J/TH, positioning HIVE among the most energy-efficient Bitcoin miners globally,” commented Aydin Kilic, President and CEO of HIVE. “With consistent top industry rankings for uptime efficiency, we remain committed to operational excellence.”

At the end of 2024, the company announced its decision to move its headquarters from Vancouver, Canada, to San Antonio, Texas, signaling a strategic shift toward the U.S. market.

Miners Face Challenges in 2025

Compared to December 2024, HIVE mined just one less Bitcoin, which is a strong result relative to its competitors. This week, Finance Magnates reported that major U.S. Bitcoin miners experienced a drop in production in January, as weather-related disruptions and a rising hashrate impacted operations.

For example, Marathon Digital Holdings (NASDAQ: MARA), one of the largest miners in the industry, saw a 12% decline in monthly production, mining 750 Bitcoin in January compared to 865 in December.

Meanwhile, Hut 8 (NASDAQ: HUT) focused on infrastructure upgrades during the month, but its Bitcoin production fell to 65 BTC from 89 BTC the previous month.

HIVE’s January 2025 Bitcoin Production Update: