According to Decrypt, Canadian mining company Hive Digital has announced an investment of over $60 million to purchase 13,480 Bitmain Antminer S21+ Hydros mining machines to expand its operations in Paraguay, which can provide 4.3 EH/s of computing power. Hive Digital also secured an option to purchase an additional 4.3 EH/s of the same product, which can be exercised within a year to expand the mining power to 8.6 EH/s, with plans to reach 15 EH/s by the summer of 2025.

#zachxbt