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.
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Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
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