Hive Digital expands BUZZ HPC with new cluster in Quebec, acquires Toronto facility to fuel growth

Proactive - Interviews for investors

Hive Digital Technologies subsidiary BUZZ HPC’s President and COO Craig Tavares joined Steve Darling from Proactive to unveil a major expansion in the company’s high-performance computing (HPC) infrastructure. BUZZ has launched a new NVIDIA Hopper GPU cluster in Quebec, the latest addition to its growing supercomputing network that now spans three clusters across Canada and Sweden. The newly deployed Quebec cluster is equipped with NVIDIA Hopper GPUs and powered by NVIDIA’s Quantum-2 InfiniBand networking platform, delivering exceptional processing speed and data throughput. Tavares confirmed that the system is already operating near full utilization—a strong signal of market demand and operational readiness. “This cluster is a big step forward in our mission to provide accessible and scalable AI compute infrastructure across Canada,” Tavares noted. Since 2023, BUZZ HPC has focused on building a pan-Canadian HPC footprint, establishing state-of-the-art data centers in Quebec and New Brunswick. These facilities span multiple time zones and languages, enabling localized support and broader accessibility for Canadian businesses and institutions. In a move to lower entry barriers, BUZZ is offering free and subsidized HPC credits to Canadian startups, research institutions, and companies, empowering more organizations to harness advanced compute power for AI development and innovation. In parallel, Hive Digital Technologies has taken a significant step to scale its infrastructure by announcing a purchase and sale agreement to acquire a Toronto-based facility with 7.2 megawatts of installed capacity. The acquisition not only adds strategic geographic coverage but also supports Hive’s broader vision to accelerate the development of a sovereign Canadian AI ecosystem through BUZZ HPC. These developments come as Hive Digital continues to make headlines in the digital infrastructure space. The company recently surpassed 11.4 Exahash per second (EH/s) in global Bitcoin mining hashrate, marking the early and successful completion of Phase 1 of its Yguazú project in Paraguay—a 100-megawatt operation that plays a pivotal role in Hive’s scale-up strategy. The company has been increasing its hashrate at a rapid pace—approximately 1 EH/s per week—and is targeting 25 EH/s by Thanksgiving 2025. Together, these milestones reinforce Hive’s position as both a global leader in Bitcoin mining and a fast-emerging force in high-performance AI computing infrastructure. With its dual focus on blockchain and HPC, the company is uniquely positioned to meet the demands of an increasingly digital and AI-driven economy. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #CryptoMining #GreenEnergy #BuzzHPC #AIInfrastructure #NvidiaH200 #QuebecDataCenter #SustainableTech #GPUCluster #TorontoTech #AITraining #HiveDigital #LiquidCooling #Supercomputing #GreenEnergyAI #Exahash #HighPerformanceComputing