HIVE Secures 11,500 Avalon Miners and 8.6 EH/s S21+ Hydro Units: Major Upgrade

HIVE Digital announced contracts for 11,500 Avalon miners from Canaan, along with 8.6 EH/s of Bitmain S21+ Hydro machines. Analysts estimate total investments at about $20 млн, reflecting soaring hardware and logistics costs.

Delivery will occur in batches over the next six months. Once fully deployed, these acquisitions could increase daily output by at least 25%, enhancing electricity utilization and profitability indicators. Moreover, the expanded hash rate will better shield the firm from volatility in crypto asset pricing.

By reinforcing its technical fleet, HIVE optimizes operations and aligns with industry leaders. Management emphasizes timely expansions as key to long-term stability and sustainable mining growth.