HIVE Digital Technologies Ltd is making significant strides in the development of its Phase 3 Valenzuela facility, with progress surpassing initial timelines. The company has successfully completed civil works and installed hydro containers, marking a crucial step in its expansion efforts. The material points to an encouraging trend: the growing interest in sustainable and efficient mining operations.
Current Focus at Valenzuela Facility
The current focus at the Valenzuela facility is on energizing ASICs, with approximately 50% of the hashrate capacity now operational.
Ambitious Target for Hashrate Capacity
This advancement positions HIVE to achieve its ambitious target of reaching 25 EH/s by American Thanksgiving.
Commitment to Mining Capabilities
The rapid progress underscores HIVE's commitment to enhancing its mining capabilities and meeting the growing demand for cryptocurrency.
