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Hive Digital acquires Paraguayan mining farm from Bitfarms for $85 million

2025-01-28 10:26

Odaily News Bitcoin mining company Hive Digital has acquired a Paraguayan mine from Bitfarms for $85 million, including paying $56 million for the mine itself and assuming another $29 million in obligations. Hive said the acquisition will more than triple Hive's hash rate to 25 Eh/s by September. (CoinDesk)