**Hive Digital Expands Mining Operations to Paraguay**

Hive Digital is ramping up its Bitcoin mining capabilities with a new facility in Paraguay, marking its fourth operational country. The Canadian company, listed on Nasdaq, has acquired 6,500 Canaan Avalon A1566 ASICs, with deliveries scheduled from December to March 2025. The first batch of 500 units arrived in November.

This expansion will elevate Hive Digital's hash rate from 5.6 EH/s to 8 EH/s by mid-2025, enhancing efficiency from 22.3 J/th to 20.5 J/th. The Paraguay site will eventually add 100 MW to its capacity, boosting the company's total hash rate to 12.5 EH/s.