Hive Digital Technologies completes 100 MW phase 1 in Paraguay

Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to announce a major milestone: the 100% completion of Phase 1 infrastructure at the company’s flagship Yguazù data center in Paraguay. This 100-megawatt (MW), air-cooled facility is backed by a fully energized 200 MW substation, positioning HIVE for substantial growth in its global digital infrastructure operations.

Daubaras confirmed that the completed infrastructure enables up to 5 exahash per second (EH/s) of capacity for next-generation ASIC miners. Currently, HIVE is running 200 petahashes of hashrate at the Yguazù site using its proprietary BUZZ Miners, with an expected ramp-up to 8,000 units online by the end of April.

Adding to this momentum, the company has begun receiving shipments of new-generation ASICs, including the powerful Bitmain S21+ miners. More than 20,000 units are expected to arrive before the end of May, fueling HIVE’s ambitious goal to scale to 5 EH/s in Paraguay and 11.5 EH/s total across all global operations by the end of Q2 2025.

As part of its operational scale-up in Latin America, HIVE also announced a key leadership addition: Carlos Anibal Torres has joined as Paraguay Operations & Project Manager. Torres brings strategic expertise to support HIVE’s accelerated buildout and operational management in the region.

With the 100 MW Phase 1 infrastructure now fully constructed and energized, the company has begun racking and powering miners, signaling the official launch of what is expected to be one of the most significant expansions in HIVE’s history. This development reinforces HIVE’s commitment to deploying high-performance, energy-efficient digital infrastructure across key global markets.

#proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BitcoinMining #ParaguayMining #DataCenter #Exahash #S21Miners #DigitalAssets #ProactiveInvestors

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