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HIVE Digital Technologies (Nasdaq: HIVE) closed out 2025 with strong operational momentum, reporting sharp year-over-year growth in Bitcoin (BTC) production despite higher mining difficulty and seasonal weather disruptions across the Northern Hemisphere.
The company said in a statement on Jan. 6 that it continued to operate at more than 2% of the global Bitcoin network, highlighting the scale and resilience of its geographically diversified mining fleet.
Related: HIVE Digital CEO Frank Holmes says U.S. crypto regulation needs AI
In December 2025, HIVE produced 306 BTC, marking a 197% increase year over year compared with 103 BTC mined in December 2024.
The growth came even as Bitcoin mining difficulty rose 40% over the same period.
HIVE averaged 9.9 BTC per day last month, supported by an average hashrate of 23.3 exahash per second (EH/s), which peaked at 24 EH/s.
Fleet efficiency stood at 17.5 joules per terahash, while production reached 13.2 BTC per EH/s.
While extreme cold weather temporarily affected peak hashrate availability in some regions, the company said its operations across three continents, nine time zones and five languages helped maintain high uptime and consistent output.
For the full calendar year 2025, HIVE produced 2,311 BTC, a 31% increase from 1,770 BTC mined in 2024. The results came despite the Bitcoin halving and a 46% increase in average annual network difficulty.
Executive Chairman Frank Holmes described Bitcoin as “bundled, portable energy,” saying HIVE’s green data centers convert surplus hydroelectric power into a globally liquid digital asset.
President and CEO Aydin Kilic added that December’s performance underscored the benefits of operating across multiple geographies, helping protect margins and optimize uptime.
Looking ahead, HIVE plans to develop an additional 100 megawatts of hydroelectric-powered data center capacity at its Yguazú campus in Paraguay, with full commissioning targeted for Q3 2026.
Once completed, HIVE’s renewable energy footprint is expected to reach about 540 MW, spanning Paraguay, Canada and Sweden, as the company positions itself for continued growth through 2026 and beyond.
