HIVE’s Yguazú Buildout Makes Paraguay a Major Part of Its Bitcoin Mining Fleet
HIVE Digital Technologies rapidly expanded hydro-powered Bitcoin mining capacity at its Yguazú site in Paraguay, completing a second 100 MW phase and pushing the country into a central role in the company’s global hashrate growth.
During August 2025, HIVE Digital Technologies continued a rapid Bitcoin mining expansion centered on its Yguazú project in Paraguay. On August 7, the company reported that additional Paraguayan capacity had pushed its global hashrate beyond 15 EH/s, but the more important development was the scale of the underlying buildout rather than the round-number threshold itself.
By month end, HIVE said it had averaged 16.3 EH/s, reached a peak of 18.1 EH/s, produced 247 BTC, and completed Phase 2 of Yguazú. The company described that phase as a second 100 MW block of hydro-powered infrastructure in Paraguay, with a third 100 MW phase moving into deployment.
Bitcoin mining depends on a combination of specialized hardware, low-cost electricity, grid access, and large-scale data-center infrastructure. HIVE’s Paraguayan expansion therefore represented a geographic shift in real network-production capacity, not merely a corporate performance metric. Hydroelectric power and long-term energy arrangements were helping place another South American jurisdiction on the industrial Bitcoin mining map.
The August buildout showed how miners were continuing to search globally for locations where power economics could support large proof-of-work operations. Paraguay’s growing role inside HIVE’s fleet illustrated how Bitcoin mining capacity could migrate toward jurisdictions with abundant renewable generation and favorable infrastructure economics.