Hive Digital Ends Procurement Aravgai’s Iguaza, Search 317% Mining Reinforcement

Hive Digital has acquired the 200 MV hydroelectric power plant in Paraguay, expanding its home capacities by 317%.

Bitcoin (Btc) Digital technologies of mining hives have acquired Bitfarks‘The 200-megawatt hydroelectric power plant in Iguaza, Paraguay, for $ 56 million, a move that could significantly expand his ministry.

With this expansion, the total mining hive infrastructure in Paraguay reaches 300 MV, including its 100 MV project in Valenzuela set to activate until mid 2025. years, the company has discovered on Tuesday announcement. The company estimates that its global operating capacities will increase to 430 MV through Paraguay, Canada and Sweden by K3.

The Executive Chairman of Hive Frank Holmes says the acquisition “shows our strategic focus on sustainable, high-growing.”

Bean plans for developing Iguaza in two phases. The first phase, which is expected to be completed by April, could add about 6 ekahashi per second for the mining power of the hive. The second, provided for by the end of August, can contribute another 6.5 eh / s using hydroclivene mining equipment. If the company meets its projections, his total hatrari could turn 25 eh / s by September.

“Our priority provides a value of shareholders while encouraging sustainable local growth. This acquisition allows us to quadruple capacity – from 6 eh / s to 25 eh / s – while maintaining one of the most effective business in the industry.”

Executive CEO of Hive Aidin Kilić

The hive has already secured ASIC miners for 15 eh / s, including the order of the bitmain S21 + hydro model, but additional acquisitions will be required to reach 25 eh / s target, company notes.

At the beginning of March, the Canadian MINING FIRMA CRIPTO export His february production results, showing more than 20% of the part of the bitter growth in Bitcoin. In a statement 9. Marta, a Vancouver-based company was announced, she said she minralized 89 BTC, bringing overall farms at 2,620 BTC, worth about 220 million dollars.