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HIVE Digital Technologies Ltd.: Mining Power Tripled and Expansion in Paraguay
According to Wallstreet Online, HIVE Digital Technologies Ltd. has announced that its Bitcoin mining computing power has surpassed 16 Exahash per second (EH/s). This marks a significant increase from the beginning of the year, when the company operated at 6 EH/s, effectively nearly tripling its capacity. The company is on a stable path toward its interim goal of 25 EH/s by the US Thanksgiving holiday. The accelerated expansion in Paraguay is cited as the key growth driver, with the second phase of the mining site in Yguazú contributing over 5 EH/s from modern Bitmain S21+ Hydro machines. New devices are being shipped weekly and installed immediately under the leadership of Gabriel Lamas, Country President of Paraguay Operations.
The third and final expansion phase is scheduled to begin next month in nearby Valenzuela. Upon completion, HIVE expects to achieve a daily Bitcoin production of up to 12 units, which would represent approximately 3 percent of global Bitcoin production based on current network difficulty. The company’s management explained that currently, one EH/s generates about 0.5 Bitcoin per day. With a target of 25 EH/s, this translates to a potential of around 12.5 Bitcoin daily.
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| Metric | Value |
|---|---|
| Current Hashrate | 16 EH/s |
| Target Hashrate (Thanksgiving) | 25 EH/s |
| Hashrate at Start of Year | 6 EH/s |
| Expected Daily Bitcoin Production (Post-Expansion) | Up to 12 BTC |
| Current Fleet Efficiency | 17.5 J/TH |
| Expected Paraguay Contribution | 11.5 EH/s |
Energy efficiency remains a central competitive factor, with HIVE reporting an average fleet efficiency of approximately 17.5 Joules per Terahash (J/TH). The modernization of the fleet with the latest ASIC generations allows for additional revenue without increased personnel or administrative costs. The company also emphasized that the entire infrastructure and equipment expansion is being financed from its own resources, with no new debt or capital measures required. CEO Aydin Kilic highlighted this as evidence of HIVE’s strategic discipline and operational stability.
- HIVE’s expansion in Paraguay is the main driver for the tripling of its hashrate.
- The company aims for long-term stable cash flows through scalable infrastructure and sustainable energy supply.
- Electricity costs can account for up to 90 percent of ongoing operating expenses, making energy efficiency crucial.
The management stated: “Currently, one EH/s generates about 0.5 Bitcoin per day. With a target of 25 EH/s, this translates to a potential of around 12.5 Bitcoin daily.”
Summary Box:
HIVE Digital Technologies Ltd. has nearly tripled its Bitcoin mining power to over 16 EH/s, with a target of 25 EH/s by Thanksgiving. The expansion in Paraguay, especially at the Yguazú site, is the main growth driver. The company expects to produce up to 12 Bitcoin daily after the final expansion phase, with energy efficiency and self-financed growth as key strategic pillars. (Source: Wallstreet Online)
PAXMINING: Up to $7,000 Daily Earnings for Crypto Holders via Cloud Mining
Wallstreet Online reports that PAXMINING offers cryptocurrency holders (BTC, ETH, XRP) the opportunity to earn up to $7,000 in daily returns through its cloud mining platform. In response to increasing volatility in global crypto markets and the limitations of short-term trading strategies, PAXMINING provides a new approach to value creation for digital assets. The platform enables users to achieve “no trading, no chart watching, daily automatic returns” by removing technical barriers and offering a user-friendly cloud mining contract model.
PAXMINING distinguishes itself from traditional mining by offering several advantages:
- $15 Registration Bonus: New users receive $15 upon registration, which can be used for a basic mining contract, guaranteeing daily earnings of $0.60 without any initial investment.
- No Hardware Costs: No need for expensive ASIC devices or maintenance fees; contracts start from $100.
- Green Energy: Operations are powered by over 70 ecological farms (solar, wind, hydro), reducing costs and carbon footprint.
- Ease of Use: No technical knowledge required; contracts can be activated with a few clicks.
- Multi-Currency Flexibility: Payouts available in 9+ cryptocurrencies, including DOGE, BTC, ETH, SOL, USDC, USDT, XRP, LTC, and BCH.
- Daily Payouts: Automatic, transparent income every 24 hours; capital is returned at the end of the contract.
- 24/7 Customer Support: Average response time is less than 2 minutes.
Users can choose from various mining contracts, each with specific returns and conditions. For example, the “Beginner” contract requires a $100 investment and yields $100 + $6 in net income. Higher-tier contracts, such as the Bitcoin Miner S21 XP Hyd, require a $12,800 investment and yield $12,800 + $8,601 in net income. Earnings are available the day after contract conclusion and can be withdrawn or reinvested in other contracts.
| Contract | Investment | Net Income |
|---|---|---|
| Beginner Contract | $100 | $100 + $6 |
| Canaan Avalon Miner A14 | $500 | $500 + $43.40 |
| WhatsMiner M60S+ | $1,300 | $1,300 + $253.50 |
| ALPH Miner AL1 | $3,500 | $3,500 + $948 |
| Bitcoin Miner S21 XP Imm | $8,000 | $8,000 + $4,424 |
| Bitcoin Miner S21 XP Hyd | $12,800 | $12,800 + $8,601 |
PAXMINING, founded in August 2017 and headquartered in the United Kingdom, serves users in over 190 countries and regions, with a cumulative user base exceeding 8 million. The company emphasizes security and transparency, integrating encrypted wallet security mechanisms, immutable transaction records, and transparent earnings tracking. Compliance with global standards is a core commitment.
A PAXMINING spokesperson stated: “The recent volatility of crypto markets underscores the value of predictable and structured participation. Our mining contracts enable all users – whether beginners or experienced investors – to participate in the crypto market with ease and confidence.”
Summary Box:
PAXMINING enables crypto holders to earn up to $7,000 daily through cloud mining, with contracts starting at $100 and a $15 registration bonus. The platform operates over 70 green energy farms and serves more than 8 million users in 190+ countries. Security, transparency, and daily automatic payouts are central features. (Source: Wallstreet Online)
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