Hive Mining: Paraguayan Bitcoin Site Expansion & ASIC Equipment Purchase

Hive Mining, a data center and crypto mining company, shared updates on the construction of a massive bitcoin mining site in Paraguay. This site will have the capacity to hold 100MW of mining hardware. In addition, Hive Mining announced the purchase of nearly $20 million worth of mining ASICs to replace their current equipment.

With these developments, the company is committed to expanding its presence in Paraguay.

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