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HIVE: Grand Falls AI Factory

Year Planned: 2026

HIVE Digital Technologies is transitioning the Grand Falls campus from its legacy as a digital asset mining site into a Tier III HPC-enabled AI factory. This shift involves a comprehensive infrastructure overhaul, moving beyond basic power capacity to meet the rigorous uptime and connectivity standards required by enterprise and sovereign clients.

The transition is anchored by a $3.1 million investment in a dedicated fiber optic "superhighway," upgrading the site with 100 Gbps and 400 Gbps wavelength services. This allows the facility to move away from general colocation toward high-density GPU clusters—doubling HIVE's global GPU count to 11,000—optimized for AI model training and inference within a secure, Canadian-operated environment.

HIVE acquired the facility from GPU.One (a subsidiary GPU Atlantic Inc) in in Grand Falls, in 2021

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HIVE: Grand Falls AI Factory Power Growth Over Time

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A former U.S. Air Force base in Aroostook County, Maine, is set to be revitalized with the development of a new data center.

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Drone shot of Hive's 3 building campus as of 2022
Source: Baxtel

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HIVE Digital Technologies Ltd. went public in 2017 as the first cryptocurrency mining company with a green energy and ESG strategy. HIVE mines Bitcoin and Ethereum using primarily clean, cheap hydroelectric power in Canada, Sweden, and Iceland.

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