Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp

Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to r

HIVE Digital acquires 6500 ASIC miners, starts Paraguay facility construction

HIVE Digital announced two significant developments on Nov. 10: the acquisition of 6,500 new Canaan Avalon A1566 ASIC miners and the construction of a 100-megawatt mining facility in Paraguay. According to a company release, HIVE has ordered 6,500 AS