HIVE Acquires Bitfarms Paraguay Hydro for $56 million
2025-02-05 01:43:40
According to Bitcoin.com, cryptocurrency mining company HIVE Digital Technologies has acquired Bitfarms' 200 MW hydroelectric mine in Paraguay for $56 million. The mine uses water-cooled ASIC mining machines, and HIVE has another 100 MW project in the pipeline. The company is increasing its investment in sustainable and efficient bitcoin mining.
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