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HIVE acquired Bitfarms' hydroelectric mining facility in Paraguay for $56 million.

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#Bitcoin
ForesightNews
335Words
Feb 5, 2025

Foresight News reports that, according to Bitcoin.com News, cryptocurrency mining company $HIVE Digital Technologies has acquired Bitfarms' 200 MW hydropower mining facility in Paraguay for 56 million USD. The facility uses water-cooled ASIC miners, and $HIVE also has another 100 MW project in preparation, as the company increases its investment in sustainable and efficient Bitcoin mining.

Foresight News reports that, according to Bitcoin.com News, cryptocurrency mining company $HIVE Digital Technologies has acquired Bitfarms' 200 MW hydropower mining facility in Paraguay for 56 million USD. The facility uses water-cooled ASIC miners, and $HIVE also has another 100 MW project in preparation, as the company increases its investment in sustainable and efficient Bitcoin mining.

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