HIVE Digital Technologies Expands into Colombia with AI and Bitcoin Mining Infrastructure

11.12.2025 82 times read 3 Comments

HIVE Digital Technologies Expands into Colombia and AI Infrastructure

HIVE Digital Technologies has announced its first stock listing in Colombia, marking a significant entry into one of South America's major capital markets. The company aims to enhance its Tier-I Bitcoin mining infrastructure towards Tier-III+ high-performance data centers, capitalizing on Colombia's growing reputation as a technology hub aligned with international AI standards.

The Bogotá stock listing is expected to improve HIVE's access to institutional and cross-border investors, connecting Colombia with capital markets in Chile and Peru. HIVE will be the first company of its kind in Colombia to combine infrastructure for Bitcoin mining and AI cloud services, enhancing its visibility among investors interested in digital infrastructure focused on renewable energy.

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"We expect the listing to increase our visibility among investors interested in digital infrastructure with a focus on renewable energy," stated the management.

In Paraguay, HIVE operates data centers with a total computing power exceeding 25 EH/s, powered entirely by hydropower. The company plans to replicate this model in Colombia, leveraging the favorable regulatory and technical environment for AI infrastructure.

HIVE aims to deploy over 36,000 GPUs for AI cloud services and high-performance computing, emphasizing sustainability and low operational costs. The transition from Bitcoin mining to scalable AI computing is designed to be both ecologically and economically viable.

Key Takeaways:

  • HIVE's first stock listing in Colombia enhances access to capital markets.
  • Plans to deploy over 36,000 GPUs for AI services.
  • Focus on sustainability and renewable energy in operations.

Canaan Inc. Reports Stable Bitcoin Mining Capacity Growth

Canaan Inc. (NASDAQ: CAN) reported mining 89 Bitcoins in November, increasing its installed hash rate to 9.41 EH/s and operational hash rate to 8.12 EH/s. The company's stock is currently priced at $0.96, with a beta of 2.88, indicating higher volatility compared to the overall market.

By the end of November, Canaan's cryptocurrency holdings reached a record 1,730 Bitcoins and 3,951 ETH. The company strategically acquired 100 additional Bitcoins during market downturns. Despite a 62% decline in stock price over the past year, Canaan is considered undervalued compared to its fair value.

"We expect to have a capacity of about 1 EH/s operational by the end of the year," said Nangeng Zhang, Chairman and CEO of Canaan.

Canaan's mining activities span nine active projects, with significant computing power in Ethiopia (4.56 EH/s) and America (4.72 EH/s). The company secured a strategic investment of $72 million from institutional investors, which will support its growth amid a reported 84% year-over-year revenue increase to $422.23 million.

Key Takeaways:

  • Canaan's hash rate increased to 9.41 EH/s with 89 Bitcoins mined in November.
  • Record cryptocurrency holdings of 1,730 Bitcoins and 3,951 ETH.
  • Strategic investment of $72 million to support growth.

Bitcoin Mining Margins Collapse: Industry Turns to AI Hosting

The Bitcoin mining industry is facing significant pressure as revenues have fallen below profitability for most public miners, forcing them to slow down or shut down operations. Major players like Core Scientific and Terawulf are increasingly relying on AI hosting, although they still depend heavily on Bitcoin mining for revenue.

Contracts with tech giants like Google and Microsoft for AI data centers are helping companies stay afloat amid declining stock prices and rising debts. The average mining costs now exceed revenue levels, leading many publicly traded mining companies to report losses.

"With the declining hash price, the network's hash rate has dropped by nearly 8%," explained Ethan Vera, COO of Luxor Technology.

As the industry adapts, many miners are transitioning to hybrid solutions that incorporate AI and high-performance computing, which has positively impacted their stock prices despite declining core mining revenues.

Key Takeaways:

  • Bitcoin mining revenues have fallen below profitability for many miners.
  • Companies are turning to AI hosting to diversify revenue streams.
  • Contracts with major tech firms are crucial for survival amid market pressures.

Bluebird Mining Completes Workflows and Explores Bitcoin Opportunities

Bluebird Mining Ventures Ltd has provided an update on its gold streaming and treasury platform, as well as Bitcoin-related opportunities. The company's shares rose by 1.2% to 0.25 pence following the announcement.

The company is advancing a series of balanced gold streaming and gold-related transactions across various regions, including Australia and West Africa. Bluebird is also reviewing its existing gold interests in the Philippines and Korea, aiming to establish a development timeline for 2026-2027.

"We are currently exploring alternative paths to realize value with our Bitcoin mining machines," stated the company.

Bluebird is assessing a limited number of BTC-related opportunities to complement its gold streaming platform, with decisions expected in the first quarter of 2026.

Key Takeaways:

  • Bluebird is advancing gold streaming transactions across multiple regions.
  • Exploring Bitcoin opportunities to enhance its treasury activities.
  • Decisions on Bitcoin mining machines expected in early 2026.

HIVE Digital Technologies Reports Significant Bitcoin Production Growth

HIVE Digital Technologies reported a Bitcoin production of 290 BTC for November 2025, representing a 182% increase year-over-year. This surge is attributed to the full ramp-up of mining capacities in Paraguay, where the company has completed its third construction phase.

The total installed mining capacity now stands at 25 EH/s, with an average efficiency of 17.5 J/TH. HIVE's share of the global Bitcoin network capacity exceeds 2%, and the company plans to expand its infrastructure to 540 MW by 2026.

"The expansion in Paraguay from 6 to 25 EH/s within six months will serve as a template for future infrastructure projects," stated the CEO.

Key Takeaways:

  • HIVE's Bitcoin production increased to 290 BTC in November 2025.
  • Installed mining capacity reached 25 EH/s with plans for further expansion.
  • Company aims to enhance infrastructure to 540 MW by 2026.

Sources:

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Wow, seems like HIVE is going all in on Colombia! But I wonder if their focus on AI is gonna work well with the bitcoin mining stuff? Like, do those GPUs even work the same for both things? I read somewhere that they might be mixing it up, which is kinda risky right? Also, isn't Colombia known for being like, not just a tech hub but also a great place for coffee? So maybe they can get their energy from coffee plants too haha.

But then again, with all the stuff happening in the Bitcoin market, like Canaan trying to get their hash rate up, it makes me think... is this the right time to expand?? I mean, if they can't make much money mining bitcoin, will AI really save em? Also, those numbers like 36,000 GPUs is like, a huge number! How do they even pay for that? Seems like a lot of investment, and if it doesn’t work out, oof that would be rough.

And did anyone else catch that part about renewable energy? They keep saying that but like, is it actually sustainable? Just curious if anyone has thoughts on that too. It’s such a wild time in crypto right now, and I wanna see how it all unfolds!
I'm really curious how HIVE's strategy will play out, especially since it's trying to mix Bitcoin mining with AI, but with the market being so shaky, do you think there’s a real chance they can pull this off without getting burned?
I think its cool that HIVE is goin into Colombia, but I saw in the article that they wanna use hydropower for their AI stuff, like does that even work together? I mean, AI and bitcoin mining aren't the same thing right? Some guys in the comments were talkin about renewable energy but that's kinda hard too, like how do you get enough power for all those GPUs without messin up the environment? Just a thought!

Article Summary

HIVE Digital Technologies has listed its stock in Colombia to enhance access to capital markets and plans to deploy over 36,000 GPUs for AI services while focusing on sustainability. The company reported a significant increase in Bitcoin production, reaching 290 BTC in November 2025 due to expanded mining capacity.

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$500 FREE BTC Mining

Get $500 free Bitcoin mining for a free testing phase:

  • Real daily rewards
  • 1 full month of testing
  • No strings attached

If you choose to buy after testing, you can keep your mining rewards and receive up to 20% bonus on top.

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