THE MINING POD: Hive’s 25 EH Plan and Paraguay Expansion w/ Aydin Kilic

Hive is expanding its Paraguay mining sites with a target of 25 EH/s by year’s end.

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Welcome back to The Mining Pod! Today, Aydin Kilic, CEO of Hive Blockchain joins us to talk about their plan to scale to 25 EH/s by year end, the Paraguay expansion using new Bitmain hydro units, the company’s ATM funding strategy, and their pivot into HPC.

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**Notes:**

• Scaling from 12 to 25 exahash by year end

• 200MW Paraguay site bought for $400k/MW

• 18% share dilution in Q1 from ATM usage

• $500M mining margin target at 25 EH/s

• 50% gross mining margins currently

• $40M profit on Bitcoin pledge trade

Timestamps:

00:00 Start

03:02 NYC trip

04:58 25 Exahash goal

07:35 Surviving bear markets

18:20 Fractal Bitcoin

18:59 ATM

24:05 Next steps 2025

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