HIVE Digital (NASDAQ: HIVE) mined 290 Bitcoin in November 2025, a 182% increase compared to the 103 Bitcoin produced during the same month in the prior year and its highest monthly haul this year.
HIVE maintained an average hashrate of 23.5 EH/s (+7% from October) over the period and reached a peak of 25.4 EH/S with a 17.5 J/TH power efficiency.
HIVE also installed its final round of ASICs at its Valenzuela campus in November, utilizing the site’s full 300 MW capacity.
HIVE plans to develop an additional 100 MW hydroelectric-powered data center at its Yguazú campus in early 2026. The company targets full commissioning for calendar Q3 2026.
The total renewable infrastructure footprint for HIVE will reach 540 MW across three continents upon the completion of these projects. This total includes 400 MW in Paraguay and 140 MW distributed across Canada and Sweden.
The company said it is also fast-tracking infrastructure for high-performance computing, with its BUZZ High Performance Computing subsidiary initially upgrading its 7.2 MW facility in Toronto for sovereign AI applications.
This facility will operate 2,000 next-generation GPUs, Hive says, and it plans to upgrade its Boden, Sweden facility to operate an additional 2,000 GPUs.
HIVE said it also has another 2,000 GPUs earmarked for its partnership with Bell Canada, with HIVE projecting that the first 504 GPUs will come online in Q1 2026.
HIVE also highlighted its plans to convert its New Brunswick site for co-located AI workloads.
“As we prepare to enter calendar 2026, there is a global arms race as the demand for compute continues to accelerate,” Executive Chairman Frank Holmes said. “Our renewable campuses enable low-cost, rapid deployment in months – not years.”
