- Hive Digital increased Bitcoin production to 267 BTC in September, up 8% from August and 138% from the previous year.
- The company’s share price surged nearly 25%, reaching an 11-month high of $5.54 following the production announcement.
- Average daily Bitcoin output was nine BTC, with mining fleet hashrate averaging 19.4 exahash per second (EH/s) and peaking at 21.7 EH/s.
- The Valenzuela facility’s 100-megawatt Phase 3 is close to completion, contributing to total global capacity of 21.8 EH/s, all powered by renewable hydroelectric energy.
- Further growth is expected, aiming for 25 EH/s by late November as additional mining equipment comes online.
Hive Digital reported producing 267 Bitcoin (BTC) in September, marking an 8% rise compared to August 2025 and a 138% increase over September 2024. The company confirmed it averaged nine BTC per day last month, attributing the growth to an expanding mining fleet and increased efficiency.
Shares of Hive Digital rallied by almost 25% in morning trading, peaking at $5.54. The company stated its mining fleet operated at an average of 19.4 exahash per second (EH/s), hitting a maximum of 21.7 EH/s during September. Overall fleet efficiency reached 18 joules per terahash (J/TH), which translates into approximately 13.8 BTC generated per EH/s.
The company’s hashrate improved 19% month-over-month, up from 16.3 EH/s in August, surpassing the Bitcoin network difficulty increase of 16% over the same period. Hive Digital noted that its 100-megawatt Phase 3 site in Valenzuela is nearing completion, with civil construction finished, hydro containers installed, and the facility’s control center now functional.
According to Hive Digital President and CEO Aydin Kilic, future growth is expected to track the economics observed at its Paraguay operations, where stable hydroelectric contracts help maintain low power costs. “With construction substantially complete at our Phase 3, 100 MW site in Valenzuela, approximately 50% of the hashrate capacity is now online,” Kilic stated. The company projects its mining fleet to reach 25 EH/s by late November as additional ASIC mining units are deployed.
Hive Digital affirms that its operations use only renewable hydroelectric energy, highlighting its commitment to sustainability as it expands global capacity. For further developments on the cryptocurrency market, including altcoin rally news, refer to the related report: BNB Hits All-Time High, Leads Altcoin Rally After Bitcoin’s Weekend Surge Lifts Crypto Market To Record.
Previous Articles:
- Bitcoin Soars Past $126K as Mining Stocks Outpace Crypto’s Gains
- Netflix Shares Plunge 9% After Elon Musk’s Boycott Call, $25B Lost
- Bitcoin Hits New Record Amid Soaring Retail Bullish Sentiment
- Michael Saylor’s $4.2B STRC ATM Sale Still Untapped Amid Weak Demand
- US Shutdown Hampers SEC, CFTC Operations; Crypto Bets on Duration
