Proactive - Interviews for investors

HIVE Digital reports January Bitcoin output with 290% YoY hashrate growth

Episode Summary

Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to announce the company’s Bitcoin production results for January 2026, highlighting exceptional year-over-year growth in hashrate, strong fleet efficiency, and reliable performance across its global network of Tier-1 and Tier-3 data centers. Daubaras told Proactive that HIVE’s high uptime, operational resilience, and production consistency—particularly at its Paraguay operations—enabled the company to produce a total of 297 Bitcoin during January. This represents a 191% increase compared to the same period last year, with average daily production of approximately 9.6 Bitcoin per day. During the month, HIVE’s hashrate averaged 22.2 exahash per second (EH/s) and peaked at 23.7 EH/s, marking a 290% year-over-year increase. The company attributed this performance to ongoing infrastructure investments, disciplined fleet upgrades, and its geographically diversified operating model, which helps mitigate operational risks and maintain consistent output. HIVE also announced the addition of 2,667 new Bitmain S21 XP ASIC miners. These air-cooled units have been received in Paraguay and are currently being installed at the Yguazú facility, where they are replacing older legacy Buzzminer ASICs. The deployment is expected to further enhance operating efficiency and overall performance. Once fully installed, the new miners are projected to increase HIVE’s installed global hashrate to approximately 25.5 EH/s, while improving the company’s global average fleet efficiency to about 17 joules per terahash (J/TH). Holmes noted that these upgrades position HIVE to continue delivering competitive production results while maintaining its focus on efficient, scalable, and sustainable digital asset infrastructure. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #BitcoinMining #CryptoMining #HashrateGrowth #DigitalAssets #ASICMiners #ParaguayOperations #FleetEfficiency #CryptoInfrastructure #BlockchainTechnology #MiningUpdate #SustainableMining #CryptoProduction #BitcoinNews