HIVE Hits 22 EH/s in Bitcoin Mining, Pivots to AI with 267% YTD Surge

Hive Digital Celebrates Milestone as Bitcoin Hashrate Surges to 22 EH/s

TL;DR Hive Digital surpassed 22 EH/s in its global Bitcoin mining capacity. The company is converting a Tier 3 data center in Sweden for its AI cloud. HIVE’s short-term goal is to reach 25 EH/s before Thanksgiving. Hive Digital Technologies Ltd. announced a dual strategic milestone: surpassing 22 exahash per second (EH/s) in its Bitcoin mining capacity and accelerating its Hive Digital expansion in AI by repurposing a key data center in Sweden.…

HIVE Hits 22 EH/s in Bitcoin Mining, Pivots to AI with 267% YTD Surge

HIVE’s Milestone in Hashrate Achievement In a significant development for the cryptocurrency mining sector, HIVE Digital Technologies Ltd. has announced it has surpassed 22 exahash per second in its global Bitcoin mining capacity. This achievement represents a staggering 267% increase year-to-date, underscoring the company’s aggressive expansion strategy amid fluctuating market conditions. According to a recent report from TipRanks, HIVE’s enhan…