HIVE Digital Technologies mined 102 Bitcoin in January 2025 while maintaining a 5.7 EH/s average mining capacity.
The company also announced an acquisition in Paraguay that will expand its operations to 25 EH/s in 2025.
HIVE
Digital Technologies, the publicly listed Bitcoin miner from Wall Street
(NASDAQ: HIVE), announced its January production results alongside a
significant expansion into Paraguay.
Despite the
overall slowdown in the industry and a decline in production reported by other
miners, HIVE managed to maintain its levels from late 2024.
HIVE Digital Reports
Strong January Performance
The blockchain
infrastructure provider mined 102 Bitcoin in January while maintaining an
average hashrate of 5.7 Exahash per second (EH/s). The company's Bitcoin
holdings reached 2,657 BTC, valued at approximately $271 million at month-end,
reflecting a 34% increase year-over-year.
HIVE's
January operations maintained strong efficiency metrics, achieving an average
daily production of 3.3 Bitcoin, equivalent to 18 BTC per Exahash. The
company's mining fleet operated at 22 Joules per Terahash, with peak
performance reaching 6 EH/s for Bitcoin-only mining and 6.4 EH/s for
Bitcoin-equivalent hashrate.
Aydin Kilic, President & CEO of HIVE
“We are targeting a
blended fleet efficiency of 16.5 J/TH, positioning HIVE among the most
energy-efficient Bitcoin miners globally,” commented Aydin Kilic, President and
CEO of HIVE. “With consistent top industry rankings for uptime efficiency, we
remain committed to operational excellence.”
At the end of 2024, the company announced its decision to move its headquarters from Vancouver, Canada, to San Antonio, Texas, signaling a strategic shift toward the U.S. market.
Miners Face Challenges in
2025
Compared to December 2024, HIVE mined
just one less Bitcoin, which is a strong result relative to its competitors.
This week, Finance Magnates reported that major U.S. Bitcoin miners experienced
a drop in production in January, as weather-related disruptions and a rising
hashrate impacted operations.
For example, Marathon Digital Holdings
(NASDAQ: MARA), one of the largest miners in the industry, saw a 12% decline in
monthly production, mining 750 Bitcoin in January compared to 865 in December.
Meanwhile, Hut 8 (NASDAQ: HUT) focused
on infrastructure upgrades during the month, but its Bitcoin production fell to
65 BTC from 89 BTC the previous month.
Paraguay Expansion
HIVE also unveiled
plans to acquire Bitfarms' 200-megawatt hydro-powered Bitcoin mining facility in
Paraguay. The acquisition is expected to catapult HIVE's global Bitcoin
mining hashrate to 25 EH/s by September 2025, representing a 317% increase from
current levels.
Frank Holmes, Executive Chairman of HIVE
“This
acquisition makes us one of Latin America’s largest Bitcoin mining operators,” said Frank Holmes, Executive
Chairman of HIVE. “We
are deepening our relationship with Paraguay President Santiago Peña and key
political leaders to support our growing presence there, which will bring
mutual economic benefits for HIVE shareholders and the local community.”
The company
estimates the total net cost to complete the Bitfarms site at $400,000 per
megawatt. Upon completion, HIVE's total operational capacity is projected to
reach approximately 430 MW by the third quarter of 2025.
The company
also strengthened its leadership team by appointing Lieutenant General (Ret.)
John R. Evans Jr. to its Global Strategy Advisory Committee.
HIVE
Digital Technologies, the publicly listed Bitcoin miner from Wall Street
(NASDAQ: HIVE), announced its January production results alongside a
significant expansion into Paraguay.
Despite the
overall slowdown in the industry and a decline in production reported by other
miners, HIVE managed to maintain its levels from late 2024.
HIVE Digital Reports
Strong January Performance
The blockchain
infrastructure provider mined 102 Bitcoin in January while maintaining an
average hashrate of 5.7 Exahash per second (EH/s). The company's Bitcoin
holdings reached 2,657 BTC, valued at approximately $271 million at month-end,
reflecting a 34% increase year-over-year.
HIVE's
January operations maintained strong efficiency metrics, achieving an average
daily production of 3.3 Bitcoin, equivalent to 18 BTC per Exahash. The
company's mining fleet operated at 22 Joules per Terahash, with peak
performance reaching 6 EH/s for Bitcoin-only mining and 6.4 EH/s for
Bitcoin-equivalent hashrate.
Aydin Kilic, President & CEO of HIVE
“We are targeting a
blended fleet efficiency of 16.5 J/TH, positioning HIVE among the most
energy-efficient Bitcoin miners globally,” commented Aydin Kilic, President and
CEO of HIVE. “With consistent top industry rankings for uptime efficiency, we
remain committed to operational excellence.”
At the end of 2024, the company announced its decision to move its headquarters from Vancouver, Canada, to San Antonio, Texas, signaling a strategic shift toward the U.S. market.
Miners Face Challenges in
2025
Compared to December 2024, HIVE mined
just one less Bitcoin, which is a strong result relative to its competitors.
This week, Finance Magnates reported that major U.S. Bitcoin miners experienced
a drop in production in January, as weather-related disruptions and a rising
hashrate impacted operations.
For example, Marathon Digital Holdings
(NASDAQ: MARA), one of the largest miners in the industry, saw a 12% decline in
monthly production, mining 750 Bitcoin in January compared to 865 in December.
Meanwhile, Hut 8 (NASDAQ: HUT) focused
on infrastructure upgrades during the month, but its Bitcoin production fell to
65 BTC from 89 BTC the previous month.
Paraguay Expansion
HIVE also unveiled
plans to acquire Bitfarms' 200-megawatt hydro-powered Bitcoin mining facility in
Paraguay. The acquisition is expected to catapult HIVE's global Bitcoin
mining hashrate to 25 EH/s by September 2025, representing a 317% increase from
current levels.
Frank Holmes, Executive Chairman of HIVE
“This
acquisition makes us one of Latin America’s largest Bitcoin mining operators,” said Frank Holmes, Executive
Chairman of HIVE. “We
are deepening our relationship with Paraguay President Santiago Peña and key
political leaders to support our growing presence there, which will bring
mutual economic benefits for HIVE shareholders and the local community.”
The company
estimates the total net cost to complete the Bitfarms site at $400,000 per
megawatt. Upon completion, HIVE's total operational capacity is projected to
reach approximately 430 MW by the third quarter of 2025.
The company
also strengthened its leadership team by appointing Lieutenant General (Ret.)
John R. Evans Jr. to its Global Strategy Advisory Committee.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Kraken–Deutsche Börse Pact Targets Unified Trading Across Crypto, Stocks and Futures
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
