HIVE acquires Bitfarms Paraguayan hydroelectric mine for $56 million
According to a report from Bitcoin.com News, cryptocurrency mining company HIVE Digital Technologies has acquired Bitfarms' 200 MW hydroelectric mining facility in Paraguay for $56 million. The mine uses water-cooled ASIC miners, and HIVE is also preparing for another 100 MW project as the company increases its investment in sustainable and efficient Bitcoin mining.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US media: Trump plans to further tighten control over the hiring and firing of federal employees
SEC Leadership Shift Brings New Hope for Crypto Industry
Arbitrum exits Nvidia accelerator program after it refuses to work with crypto firms
Institutional Demand Spurs BTC Rally, Bitcoin ETF Inflows Peak at $442M with IBIT Leading the Charge
IBIT Emerges as Key Player in the Bitcoin ETF Space, Could Soon Challenge Wall Street's Largest Counterparts
Trending news
MoreCrypto prices
More
