HIVE Digital (HIVE) reported in its August production update that it mined 247 BTC in August 2025, a 22% increase month-over-month from July’s 203 BTC. Average daily production was 8 BTC, up from 6.6 BTC in July.
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HIVE exceeded 18 EH/s of global mining capacity after completing Phase 2 of its Yguazú project. Average hashrate in August was 16.3 EH/s, peaking at 18.1 EH/s, while fleet efficiency held was 18.5 J/TH, a slight improvement from July’s 19 J/TH.
HIVE has mostly completed construction on its 100 MW Phase 3 Valenzuela. The first six Bitmain S21+ Hydro containers (≈350 PH/s) are now online, bringing HIVE’s global fleet to 18.5 EH/s. Upon full commissioning, Phase 3 is expected to lift the company’s capacity toward its 25 EH/s target by Thanksgiving 2025 and drive mining output to approximately 12 BTC per day.
Just last week HIVE announced the ahead-of-schedule completion of its Yguazú Phase 2 site.
Read More: Hive Digital quarterly mining revenue is up 44.9%, HPC up 59.8%
At time of publication, HIVE is up 1.9% during pre-market hours.
