HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) executive chairman Frank Holmes talked with Proactive about the company’s major milestone of hitting 10 Exahash (EH/s) in Bitcoin mining capacity.
He detailed how Hive was able to achieve this rapid growth through the acquisition of partially completed Bitfarms facilities in Paraguay.
This strategic move accelerated progress beyond expectations, with Holmes noting the company is now targeting 18 EH/s by August or September.
Holmes also discussed Hive’s high-performance computing subsidiary, Hive HPC, which has reached a $20 million annual run rate.
He credited Craig Tavares, the new president of Hive HPC, with driving this growth while enabling operational focus on Paraguay.
Proactive: Welcome back inside our Proactive newsroom. Joining me now is Frank Holmes, executive chairman of Hive Digital Technologies. And Frank, it’s always great to have you on. How are…
