HIVE Digital Technologies Ltd. has announced key developments in Bitcoin mining, reporting a total peak of 10.4 exahashes per second (EH/s), achieved in May 2025. This represents a 58% increase from the peak of 6.6 EH/s in April.
This month-to-month increase in HIVE's peak hashrate was driven by the activation of its new 100 MW facility powered by hydro power in Paraguay, reinforcing HIVE's incentive to invest in sustainable, high-efficiency energy mining.
In May, HIVE mined 139 BTC, or approximately 4.5 BTC per day while maintaining the fleet's overall mining efficiency of roughly 20 joules/terahash (J/TH), leading Executive Chairman Frank Holmes to say they are set to reach 11.5 EH/s by the end of June, and get 25 EH/s by Q4 2025 which would result in producing over 12 BTC daily while dropping costs to under $50,000 per coin—a critical threshold given the following network difficulty increase.
HIVE Executive Chairman Frank Holmes stated that the firm deploys new ASIC miners "within six hours" of their arrival, converting hardware to cash flow at "lightning speed." HIVE CEO Aydin Kilic noted that the speed at which HIVE's team deploys will put them "well ahead of schedule" for their mid-year targets.
The company noted that its global operations, powered by 100% hydroelectricity and spanning nine time zones, now represent "more than 1% of the total Bitcoin network hashrate." With its dual model of Bitcoin mining and high-performance computing (HPC) through Buzz, the company is also generating record cash flow.
With the BTC market strengthening, HIVE's ambitious scaling might put it in a position to remain a powerhouse in the next wave of increased dominance of Bitcoin mining.
Annuities
To mitigate the risk of outliving their savings, boomers — and all other age groups quite frankly — should consider purchasing annuities.“These financial products can provide a steady income stream for life, aligning well with the need for financial stability in retirement,” Shirshikov explained.
Updated Technology
“Investing in current technology — like smartphones, tablets or emergency alert systems — can enhance daily life, maintain social connections and ensure quick access to emergency services,” said Shirshikov.“As the world becomes more reliant on technology, boomers should always invest in the necessary devices and internet access to stay connected with loved ones, manage finances and access important information,” added Collins.
Home Modifications
“As mobility becomes limited, investing in home modifications can significantly improve quality of life and independence,” Shirshikov pointed out. “Items like stairlifts, walk-in tubs and ramps are not just conveniences; they are essential for safe aging in place.”“Boomers should always prioritize making these modifications to ensure they can age in place comfortably and safely,” Collins suggested.
Vehicle Adaptations
“For those who continue to drive, vehicle adaptations such as pedal extenders, seat cushioning or hand controls can be essential for maintaining independence and safety on the road,” Shirshikov mentioned.Beyond just modifying a current car in their possession, boomers should maybe look into purchasing a vehicle they know can always be on hand and ready to use.
“Boomers should always make sure they have a reliable mode of transportation,” Collins recommended. “This could mean purchasing a new car with modern safety features or investing in regular maintenance for an older vehicle.”
Legal and Financial Advisory Services
“Regular consultations with financial advisors and legal experts can help Boomers navigate the complexities of estate planning, tax strategies and retirement savings management,” Shirshikov said.Collins suggested that estate planning be a top priority for boomers.
“It’s important for boomers to have a proper estate plan in place to protect their assets and ensure their wishes are carried out after they pass away,” Collins said. “This may include creating a will, setting up trusts and designating beneficiaries for retirement accounts.”
Travel
Retirement is when you have all the time in the world for relaxation, rest and pleasure — particularly for a generation prioritizing work and careers. Use some of your hard-earned income to go somewhere you have never been or a place you always love to visit.“Boomers should always budget for travel and leisure activities to stay physically and mentally active, and to create lasting memories with loved ones,” Collins said.
“Often overlooked as a ‘luxury,’ travel can be an essential aspect of retirement, offering relaxation and cognitive and social stimulation,” said Shirshikov. “Planning trips and exploring new places can be incredibly enriching.”
Community Classes or Club Memberships
“Participating in community events, taking classes, or maintaining club memberships can provide social engagement, which is essential for mental health and well-being,” Shirshikov said.This is particularly true of fitness and wellness programs beneficial for boomers’ post-work life.
“Staying active is crucial at any age, especially in retirement. Programs tailored to older adults can help maintain mobility, strength and mental health,” Shirshikov said.
Emergency Fund
Just because someone is retired does not mean that accidents won’t happen and that life will be smooth sailing from that point on. Lots of emergencies can pop up, so it’s important to stay financially ahead of the game with some quick money on hand.“Unexpected expenses can arise at any time, and having an emergency fund in retirement can provide peace of mind and financial stability,” Collins said. “Boomers should always have a designated emergency fund to cover any unexpected costs.”
This article has been published in GOBankingRates.com via Yahoo News.
