HIVE Digital acquires Bitfarms’ 200 MW Bitcoin mining site in Paraguay for $85M, aiming to scale operations by 400% and boost global hashrate to 25 EH/s by September 2025.

HIVE Digital Technologies posted $29.2 million in revenue for Q3 FY2025, with Bitcoin holdings surging in value 263% ...

Bitfarms, a multinational Bitcoin mining firm, will sell its 200 megawatt (MW) facility in Yguazu, Paraguay, to Hive Digital Technologies — a competing mining and AI company — for ...

Bitfarms (NASDAQ:BITF) has announced a binding Letter of Intent to sell its 200 MW site in Yguazu, Paraguay ... focusing on Bitcoin mining and HPC/AI infrastructure, marking a significant ...

HIVE Digital (HIVE) Technologies announces the signing of a binding letter of intent with Bitfarms to acquire the Yguazu 200 megawatt, MW, hydro-powered Bitcoin mining facility in Paraguay.

and Bitcoin mining. Now, HIVE reports it has significantly bolstered its global footprint by scooping up a 200 MW facility located in Yguazú, Paraguay from Bitfarms. Last year, HIVE mined 1,772 ...

Welcome back to The Mining Pod! Colin and Matt are back for this week’s news roundup. They touch on Hive’s $85 million, 200 MW acquisition of a Yguazu, Paraguay bitcoin mine from Bitfarms.

Under the terms of the binding LOI, HIVE will purchase from Bitfarms its 100% ownership stake of its Yguazu, Paraguay Bitcoin mining site. The proposed transaction values the completed site at ...

This news release constitutes a 'designated news release' for the purposes of the Company's prospectus supplement dated October 3, 2024 to its ...