This latest acquisition builds upon the recent purchase of 6,500 Avalon miners announced earlier this month, bringing the total number of new Avalon ASIC miners ordered in November to 11,500.

The addition of these cutting-edge miners will replace older equipment with an efficiency of 30 J/TH and increase HIVE's operational capacity to 6.4 EH/s at an industry-leading efficiency of 19.5 J/TH by the end of the 2025 calendar year. This marks a significant improvement from the current fleet, which operates at 5.6 EH/s with an efficiency of 22.3 J/TH. The upgrade supports HIVE's dedication to operational excellence and an ROI-driven approach to capital allocation.