HIVE Digital Technologies has recently announced substantial advancements in its Bitcoin mining operations for January 2026, alongside a strategic expansion into the AI cloud computing sector. The company reported a significant increase in its mining capabilities and Bitcoin output, demonstrating robust operational performance. This growth is complemented by an innovative partnership in Paraguay, marking a new chapter in HIVE's technological endeavors.
In January 2026, HIVE Digital Technologies observed an impressive surge in its hashrate, which climbed by 290% compared to the previous year. The average hashrate reached 22.2 exahashes per second (EH/s), with peak performance hitting 23.7 EH/s. This represents a considerable leap from the 5.7 EH/s recorded in January 2025. Concurrently, the company's Bitcoin production experienced a 191% rise year-over-year, culminating in a total of 297 Bitcoins mined. This achievement is particularly noteworthy given the approximate 30% increase in the global Bitcoin mining difficulty during the same period. HIVE's management highlighted that their daily Bitcoin production averaged 9.6 BTC throughout January, and their mining fleet consistently maintained over 2% of the global Bitcoin network's hashrate.
The company also reported an average fleet efficiency of 17.5 joules per terahash (J/TH), with its rigs generating approximately 13.4 BTC for every EH/s of hashrate. This strong operational efficiency is largely attributed to HIVE's diversified mining infrastructure, which spans various continents and time zones. This geographical distribution helps in ensuring consistent uptime and production continuity. Furthermore, HIVE has made a significant move into the artificial intelligence domain by establishing a joint venture in Paraguay on January 13. This collaboration with a leading telecommunications provider in Paraguay aims to introduce a new AI cloud platform. The initiative includes the launch of a specialized "BUZZ Cloud" platform in Asunción, the capital of Paraguay. This platform is designed to offer high-performance computing and AI infrastructure to support advanced AI training, inference processes, and data-intensive workloads.
While HIVE Digital Technologies showcases considerable potential as an investment, especially with its dual focus on blockchain and AI, it operates in a dynamic market. The company integrates AI into its GPU-based computing, running next-generation data centers powered by clean energy across Canada, Sweden, and Paraguay, supporting both AI workloads and Bitcoin mining. The recent developments underscore HIVE's commitment to innovation and expansion in critical technological sectors, positioning itself for future growth in both cryptocurrency mining and AI cloud services.