Odaily Planet Daily News: Canadian Bitcoin mining company Hive Digital announced on Tuesday that it has spent over $60 million to purchase 13,480 Bitmain Antminer S21+ Hydros mining machines to expand its operations in Paraguay. These mining machines can provide 4.3 EH/s of computing power. The company also secured an option to purchase an additional 4.3 EH/s of the same product, which can be exercised within a year. If this option is fully exercised, Hive's mining capacity could expand to 8.6 EH/s, with plans to reach 15 EH/s by the summer of 2025. Executive Chairman Frank Holmes stated that once fully deployed, the expansion to 15 EH/s will 'drive Hive's annual revenue to exceed $300 million based on current mining economics, generating over $200 million in mining profits.' (Decrypt)