đ HIVE Digital Technologies is buzzing with excitement! The Bitcoin miner plans to build a 100-megawatt mining site in Paraguay, doubling its hashrate to 12.1 EH/s. After a cozy chat with President Santiago PeĂąa, HIVE saw "huge potential for growth." đą
đ The site will tap into Paraguayâs Itaipu hydroelectric dam, but there's a twistâelectricity costs for miners are set to rise on Aug. 1. HIVE's new facility could still generate $100M for the state-run grid, ANDE, over three years.
đ HIVE's shares jumped 8.4% to $4.50, and theyâre now mining in four countries!
