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Bitfarms to sell Paraguay Bitcoin mining site to HIVE
HIVE Digital Technologies Announces $56 Million Acquisition of Bitfarms' 200 MW Bitcoin Mining Site in Paraguay
HIVE Digital Technologies Ltd. (TSX.V: HIVE) , a leader in sustainable data center infrastructure, announced the signing of a binding letter of intent ("LOI") with Bitfarms Ltd. to acquire the Yguazú 200 megawatt ("MW") hydro-powered Bitcoin mining facility in Paraguay.
Bitcoin Miner Hive Digital to Buy Paraguay Site From Bitfarms for $85M
The acquisition of the site in Yguazú, Paraguay will increase the company's hashrate to 25 EH/s from 6 Eh/s by September.
HIVE gains on plan to acquire 200 MW hydro-powered Bitcoin mining facility in Paraguay from Bitfarms
HIVE Digital Technologies Ltd., a global leader in sustainable data center infrastructure, is set to acquire the Yguazú 200 megawatt (MW) hydro-powered Bitcoin mining facility in Paraguay from Bitfarms Ltd.
Bitfarms sells Paraguay site to Hive for $85M, refocuses on US
Bitfarms, a multinational Bitcoin mining firm, will sell its 200 megawatt (MW) facility in Yguazu, Paraguay, to Hive Digital Technologies — a competing mining and AI company — for approximately $85 million.
Bitfarms to sell Paraguay bitcoin mining site to HIVE for ~$85M
Bitfarms (BITF) has announced a binding Letter of Intent to sell its 200 MW site in Yguazu, Paraguay, to HIVE Digital Technologies (HIVE) for approximately $85 million.
Bitcoin miner HIVE Digital acquires Bitfarms’ site to scale operations by 400%
HIVE Digital acquires Bitfarms’ 200 MW Bitcoin mining site in Paraguay for $85M, aiming to scale operations by 400% and boost global hashrate to 25 EH/s by September 2025.
Hive Digital to acquire bitcoin mining facility in Paraguay for $56M
Technologies announces the signing of a binding letter of intent with Bitfarms to acquire the Yguazu 200 megawatt, MW,
Bitcoin Mining Firm HIVE Digital Acquires Bitfarms Site
Mining Firm HIVE Digital's $56 million acquisition of Bitfarms' 200-MW Paraguay mine increases the hashrate and sustainability.
Bitfarms Sells Major Paraguay BTC Mining Site to Hive Digital for $85M
Hive Digital Technologies has decided to buy Bitfarms' 200 MW Yguazu mining facility in Paraguay to reach 25 EH/s by Q3 2025.
14h
A New Line of Data Center Business at Bitfarms (TSE:BITF)
While Bitfarms (TSE:BITF) has made a name for itself on the back of its cryptocurrency mining operations before, it is ...
16h
What's Going On With Bitfarms Stock Today?
Bitfarms stock rises after announcing strategic plans for HPC/AI growth. The company recently announced a $85M sale of its Paraguay mining site.
7d
Why Hive Could Be the Best Stock to Buy in January
Bitcoin is trading at its all-time high. However, Hive’s stock continues to trade in the lower range, creating a buying ...
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