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
MEV bot loses $180K in ETH from access control exploit
Crypto Payments as Catalysts for User Growth: Case Study of Moonshot
US stocks, cryptocurrencies erase early gains as tariff negotiation optimism wavers
Investors continue to digest the Trump administration’s mixed messages on tariff policies
Fartcoin Surges in Value While Market Faces Setbacks
In Brief Fartcoin has increased by nearly 30% in the last 24 hours. Growing confidence among users as exchange reserves decline. Technical indicators predict a potential price target of $0.75.
Trending news
MoreCrypto prices
More
