HIVE Digital Technologies can confirm 100% completion of Phase 1 infrastructure at its flagship Yguazù facility in Paraguay.
The 100 MW air-cooled data center is backed by a fully energized 200 MW substation.
HIVE has now completed construction and energization of the 100 MW Phase 1 infrastructure at the Yguazù site – enabling capacity for 5 exahash per second (EH/s) of next-generation ASIC miners.
The company is currently operating 200 petahashes of hashrate at the site – using its proprietary BUZZ Miners – and expects to scale to 5 EH/s in Paraguay and 11.5 EH/s total hashrate across all operations by the end of Q2 2025.
Luke Rossy, Chief Operating Officer, HIVE, said: “We are executing with conviction. We aim to reach 25 EH/s by Fall 2025, producing over 12 Bitcoins daily at current difficulty levels. With our Paraguay site energized and racking underway, HIVE is positioned for a transformative year of growth.”
Aydin Kilic, President & CEO of HIVE, said: “As of March 31, we secured deposits for 4.3 EH/s of Bitmain S21+ miners, funded through disciplined treasury management. Our fiscal year-end marked a strategic pivot – no debt, just smart execution. Our expansion from 6.5 EH/s to 11.5 EH/s has been paid and we’re moving fast.”
