HIVE Digital Technologies

Publicly traded clean-energy Bitcoin miner and HPC provider operating 440 MW of data center capacity

Mining company Founded 2017
Our score
Very good
Type Public minerHosting
Hashrate 25.1 EH/s
Coins BTC
Stock ticker NASDAQ: HIVE, TSX: HIVE

What is HIVE Digital Technologies?

HIVE Digital Technologies is a publicly traded data center operator and digital asset miner that uses renewable power for Bitcoin production and high-performance computing (HPC). Operating across Canada, Sweden, and Paraguay, the company runs roughly 440 MW of active capacity, using revenue generated from Bitcoin mining to scale enterprise AI and machine learning infrastructure under its BUZZ HPC unit.

Leadership and corporate background

Founded in 2017 as HIVE Blockchain Technologies Ltd., the firm rebranded to HIVE Digital Technologies to reflect its dual compute strategy. The company is led by Executive Chairman Frank Holmes and President and CEO Aydin Kilic. HIVE's shares trade on public equity exchanges, including Nasdaq (ticker HIVE), the Toronto Stock Exchange (TSX: HIVE), the Frankfurt Stock Exchange (FSE: YO0), and the Bolsa de Valores de Colombia (BVC: HIVECO).

Data center operations and business model

HIVE designs, owns, and runs its facilities using primarily hydroelectric power. Its data center strategy deploys a staged buildout: facilities are constructed as Tier I sites for Bitcoin mining, using single power and cooling paths to monetize electricity quickly, and then upgraded to Tier III standards with redundant power and cooling systems to host enterprise AI workloads. Canadian sites house industrial-scale ASIC hardware for Bitcoin mining, Swedish sites host enterprise NVIDIA GPU clusters for HPC clients, and Paraguay provides low-cost power from the Itaipú hydroelectric facility.

Scale and financial performance

In the fiscal year ended March 31, 2026, HIVE generated $297.8 million in total revenue, consisting of $278.3 million from digital currency mining and $19.5 million from HPC hosting. The company mined 2,885 Bitcoin during that period, operating with an installed mining hashrate of 25.1 EH/s. In late 2025, HIVE signed a definitive agreement to add a 100 MW hydroelectric campus expansion at its Yguazú site in Paraguay to increase aggregate compute capacity.

Operational risks and limitations

Because HIVE is an infrastructure operator rather than a retail mining pool, individual miners cannot point ASICs to its facilities or purchase cloud-mining contracts. Revenue remains exposed to Bitcoin network difficulty, which climbed by roughly 42% between fiscal 2025 and fiscal 2026, as well as periodic Bitcoin halving cycles. The company has also warned against ongoing phishing scams and fraudulent investment groups that impersonate its corporate brand to solicit retail funds.

Founders

Frank HolmesExecutive Chairman
Aydin KilicCEO
Best for:Equity investors seeking Bitcoin mining exposureEnterprises requiring GPU cloud computeInstitutions tracking green data center infrastructure

Pros and cons

Pros

  • Operates 440 MW of renewable data center capacity across three continents
  • Generated 25.1 EH/s in installed Bitcoin mining hashrate as of March 2026
  • Diversified revenue across Bitcoin mining and enterprise BUZZ HPC GPU hosting
  • Publicly listed on Nasdaq and TSX with audited financial reporting

Cons

  • Does not offer retail mining pool services or private hosting contracts
  • Bitcoin mining revenues are exposed to network difficulty increases and halvings
  • Brand is frequently targeted by unauthorized third-party phishing schemes

Our review

4.1/5
Very good

HIVE offers diversified hydroelectric-backed Bitcoin mining and expanding AI compute, but equity investors remain exposed to difficulty spikes and capital-intensive infrastructure buildouts.

Track record4.5
Costs & fees4.0
Transparency4.5
Scale & reliability4.5
Support3.0

HIVE Digital Technologies (formerly HIVE Blockchain Technologies) operates industrial-scale digital asset mining alongside enterprise AI compute infrastructure. Operating since 2017, the company is listed on the TSX and Nasdaq under the ticker HIVE. Rather than offering retail mining pools or consumer cloud contracts, HIVE is an infrastructure operator, using cash flow from Bitcoin mining to expand high-performance compute facilities.

The company maintains approximately 440 MW of active data center capacity across Canada, Sweden, and Paraguay. Its facilities run primarily on low-cost hydroelectricity, including power sourced near the Itaipu dam region in Paraguay, where it committed an additional 100 MW expansion at its Yguazu campus. By March 2026, HIVE reached an installed mining hashrate of 25.1 EH/s (about 24.5 EH/s after downclocking) and mined 2,885 Bitcoin during its 2026 fiscal year. Total revenue for that fiscal year hit $297.8 million, with digital currency mining generating $278.3 million and BUZZ HPC contributing $19.5 million.

HIVE's primary strengths are its geographic diversification across three continents, disciplined reliance on renewable power, and dual revenue model that blends ASIC mining with Tier III enterprise GPU hosting. However, the business model carries clear trade-offs. The company remains heavily dependent on Bitcoin economics, where rising network difficulty (which climbed from 95.7T to 135.8T across its FY2026) and halving cycles pressure mining margins. The substantial capital expenditure required to upgrade Tier I mining sites into redundant Tier III AI facilities also introduces operational delivery risks. Impersonation scams targeting retail investors remain a persistent brand challenge.

HIVE suits equity investors seeking regulated public-market exposure to renewable Bitcoin production and GPU data center growth. Miners looking for pooled mining payouts, direct ASIC hosting services, or fixed-return cloud contracts must choose dedicated mining pools or third-party colocation providers.

Listings are researched and drafted with AI assistance from public sources, then checked for accuracy and readability. Spot an error? Tell us. Editorial policy.
Sources (2)

Specs

Type Public miner, Hosting · unverified
Coins BTC · unverified
Hashrate 25.1 EH/s · unverified
Stock ticker NASDAQ: HIVE, TSX: HIVE · unverified
Locations Canada, Sweden, Paraguay · unverified
Energy sources Hydroelectric · unverified
Hardware models ASIC, NVIDIA GPUs · unverified

Not disclosed by the provider: Pool fee, Payout schemes, Minimum payout.

Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.

Key features

Hydroelectric data center capacity

Operates approximately 440 MW of active renewable data center capacity across facilities in Canada, Sweden, and Paraguay.

Industrial Bitcoin mining

Maintains an installed fleet hashrate of 25.1 EH/s dedicated to mining Bitcoin on clean power grids.

BUZZ HPC enterprise GPU cloud

Hosts NVIDIA GPU clusters in Tier III data centers for commercial AI inference and model training.

Tier I to Tier III conversions

Builds single-path Tier I facilities for rapid ASIC deployment, subsequently upgrading them with redundant paths for enterprise compute.

Multinational footprint

Distributes electrical load and regulatory exposure across North America, Northern Europe, and South America.

Inside HIVE Digital Technologies

Bitcoin Mining & Hashrate Services

Industrial-scale Bitcoin mining operations deployed across Tier I data center facilities in Canada, Sweden, and Paraguay using hydroelectric power.

BUZZ HPC

Tier III data center infrastructure hosting NVIDIA GPUs to provide enterprise-grade compute capacity for artificial intelligence training and inference.

HIVE Digital Technologies screenshots

HIVE Digital Technologies homepage showing data center infrastructure and company information
HIVE Digital Technologies homepage showing data center infrastructure and company information · Oct 26, 2026
FAQ: HIVE Digital Technologies’ investor FAQ page lists common questions about the company and its operations
FAQ: HIVE Digital Technologies’ investor FAQ page lists common questions about the company and its operations · Oct 26, 2026

What users say about HIVE Digital Technologies

There are no genuine user reviews or product feedback available, as the provided content consists entirely of official corporate earnings announcements and marketing materials.

Based on 9 Reddit posts and comments from the last 12 months, checked Oct 26, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.

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FAQ

Who leads HIVE Digital Technologies?

HIVE Digital Technologies is led by Executive Chairman Frank Holmes and President and CEO Aydin Kilic. The company was founded in 2017 as a publicly listed digital asset miner.

Where are HIVE's mining facilities located?

HIVE operates clean-energy data centers across Canada, Sweden, and Paraguay. These sites are powered primarily by hydroelectricity.

What is HIVE's stock ticker?

HIVE Digital Technologies trades under the ticker symbol HIVE on both the Nasdaq and the Toronto Stock Exchange (TSX). It also trades on the Frankfurt Stock Exchange under YO0.

Does HIVE offer retail cloud mining or investment plans?

No, HIVE does not sell cloud mining contracts or retail investment services. The company has warned users that third parties offering high-yield retail investment packages under its name are unauthorized scams.

What is BUZZ HPC?

BUZZ HPC is HIVE's enterprise high-performance computing division that operates NVIDIA GPU clusters for artificial intelligence, machine learning, and high-density compute workloads. The business unit generated $19.5 million in revenue during fiscal year 2026.

Latest from HIVE Digital Technologies on X

HIVE Digital Technologies
@HIVEDigitalTech · 47.8K followers
Follow
Texas was built on infrastructure.

Power plants. Pipelines. Ports.

Data centers are next.

Every search, swipe, scan and AI prompt runs through one. So do hospitals, payments and national security.

The way forward: responsible growth, affordable electricity and clear rules. https://t.co/JMOlQynRNa
Image attached to the post
8 1 61 11.7K View on X
Same chips as May.
33% more per hour.

@BUZZHPC on-demand rates:
H200: $3.99 → $5.29
H100: $2.99 → $3.99

Today’s H100 rate is what an H200 cost six months ago.

Every step up on that chart lands on GPUs $HIVE already owns. https://t.co/89DP5yWHyG
13 18 112 27.1K View on X
https://t.co/kzWfY5fKAF
0 28 128 29.3K View on X
Gold earned trust over 5,000 years.

Bitcoin has had 18.

Oct 31, 2008: Satoshi publishes 9 pages describing money that moves "without going through a financial institution."

$HIVE secures more than 2% of the network's hashrate across three continents, on renewable energy. https://t.co/0sb3IrI68h
13 34 144 124.3K View on X
WATCH: Executive Chairman @bulldogholmes + President & CEO @AydinKilicHIVE live from Lugano ⬇️
12 35 112 24.6K View on X

Recent public posts from @HIVEDigitalTech, shown as published. Not reviewed or endorsed by CryptoReview.

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