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HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity
HIVE Digital Technologies has ordered 5,000 Canaan Avalon A15-194T ASIC miners, following a previous purchase of 6,500 units earlier in November 2024. This upgrade will increase HIVE's operational capacity from 5.6 EH/s to 6.4 EH/s, improving fleet efficiency from 22.3 J/TH to 19.5 J/TH by end of 2025. The company is also developing a 100 MW green energy facility in Paraguay, expected to reach 30 MW (2 EH/s) by early Q2 2025, with plans to achieve a total hashrate of 12.8 EH/s and fleet efficiency of 17.25 J/TH by Q3 2025.
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