🚀 HIVE Digital Technologies expands BTC mining in Paraguay with 100 MW project, increasing hashrate to 12.1 EH/s! ⚡️
- The project uses energy from the Itaipu hydroelectric dam, helping to exploit it more effectively.
- However, electricity prices will increase from August 1, causing concern for miners.
- HIVE is expected to generate more than $100 million for ANDE in the next 3 years.
- HIVE will also recruit local staff and has purchased an additional 500 Bitmain S21 Pro Antminers.
- Paraguay is the fourth country where HIVE operates, after Canada, Iceland and Sweden.
- HIVE currently holds 2,521 BTC, worth more than $170 million.
- HIVE shares rose 8.4% to $4.50 on Nasdaq.
What do you think about HIVE's move? Comment! 💬#Bitcoin#Crypto#Blockchain#Finance #Tech