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HIVE acquires Bitfarms' Paraguayan hydroelectric mine for 56 million US dollars

HIVE acquires Bitfarms' Paraguayan hydroelectric mine for 56 million US dollars

Bitget2025/02/05 02:13

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 miners, and in addition, HIVE is preparing another 100 MW project, increasing its investment in sustainable and efficient Bitcoin mining.

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