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TheEnergyMag

HIVE Acquires Bitfarms’ Paraguay Bitcoin Mine for $56M

HIVE Digital has finalized a $56 million deal to acquire fellow Canadian mining peer Bitfarms’ partially completed 200-megawatt (MW) Bitcoin mine in Yguazú, Paraguay. HIVE said in an announcement on Tuesday that it signed a binding letter of intent with Bitfarms and expects to expand its Bitcoin mining capacity to 25 EH/s by September with […]

(opens on theenergymag.com)

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