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RETRANSMISSION: HIVE Digital Technologies Completes Phase 2 of Its Yguazú Project in Paraguay Reaching 18 EH/s, Producing 8 Bitcoin per Day from Hydroelectric Power
This news release constitutes a "designated news" release for the purposes of the Company's amend...
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[{"type":"text","content":"RETRANSMISSION: HIVE Digital Technologies Completes Phase 2 of Its Yguazú Project in Paraguay Reaching 18 EH/s, Producing 8 Bitcoin per Day from Hydroelectric PowerThis news release constitutes a \"designated news\" release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texas--(Newsfile Corp. - September 3, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the \"Company\" or \"HIVE\"), a diversified multinational digital infrastructure company, today announced it has completed Phase 2 in Yguazú 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 Yguazú, 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. HIVE's Paraguay operations are powered by renewable hydroelectric energy from the Itaipú Dam in Paraguay, the largest hydroelectric power facility in the Western Hemisphere.With Phase 2 finished at Yguazú, 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 Yguazú, with 200 megawatts (\"MW\") using hydroelectric power now under operation in Paraguay, with a global fleet efficiency of approximately 18.5 J/TH.\"HIVE is one of the few companies in the world operating with a dual business model*, in Bitcoin mining and also AI Cloud computing powered by GPUs in our HPC data centers,\" said Aydin Kilic, President & CEO.Mr. Kilic added, \"At HIVE, we are focused on creating enduring value through disciplined growth, operational excellence, and a dual-engine model that puts us at the forefront of digital infrastructure and next-generation finance.\"\"While our 200 MW Yguazú site is the largest Bitcoin mining facility HIVE has constructed, it has done so in record time,\" said Luke Rossy, COO.Mr. Rossy continued, \"I am incredibly proud of our team, as we developed mastery of the hydro ASIC cooling infrastructure, to optimize operational efficiency in the local climate, us...