admin

Hive Digital has officially launched a major new Bitcoin mining operation in Paraguay, marking a strategic expansion into Latin America’s growing crypto infrastructure landscape. The new facility, with a capacity of 100 megawatts, positions the company among the most significant players in the region’s digital asset mining sector. This move comes as part of Hive Digital’s broader effort to diversify its mining operations and tap into regions with abundant, low-cost renewable energy. Paraguay, known for its surplus hydropower thanks to the Itaipú and Yacyretá dams, offers an ideal environment for energy-intensive industries like Bitcoin mining. The fully operational site not only enhances Hive’s total global capacity but also strengthens its […]

A major US-based Bitcoin mining firm has successfully raised fresh capital, taking advantage of favorable conditions while many of its Chinese rivals remain hamstrung by regulatory restrictions and export barriers. This new influx of funding highlights a shifting dynamic in the global crypto mining sector. With Western investors increasingly cautious about exposure to Chinese operations—often entangled in geopolitical tension and opaque compliance standards—American firms are emerging as more attractive, transparent alternatives for capital deployment. The company at the center of this funding round is expanding its capacity aggressively, aiming to secure a larger share of the global hash rate. With new funds in hand, it plans to acquire next-generation mining