HIVE Digital Hits 22 EH/s in Bitcoin Mining While Transforming Data Centers for AI

HIVE Digital Technologies Ltd. achieved a significant milestone by surpassing 22 EH/s in bitcoin mining capacity while transitioning data centers in Sweden to support artificial intelligence services.

HIVE Digital Technologies Ltd. has reached 22 exahash per second in global bitcoin mining capacity, marking a remarkable 267% growth year-to-date.
The companys expansion is primarily driven by its hydro-powered Valenzuela facility in Paraguay, which utilizes renewable energy from the Itaipu Dam for mining operations.
In addition to mining, HIVE is transforming existing data centers in Sweden into high-performance computing facilities to provide enhanced capabilities for artificial intelligence applications.

Por Qué Es Relevante

This development underscores the increasing convergence of cryptocurrency mining and artificial intelligence, highlighting HIVEs strategic focus on renewable energy and advanced computing technologies. As demand for both bitcoin and AI services grows, HIVE positions itself advantageously in two rapidly evolving sectors.