HIVE Digital starts construction on a 100 MW hydroelectric Bitcoin mining facility in Paraguay to expand its mining capacity. The company projects …
HIVE
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Mining
Bitcoin Miner HIVE Names Former Apple Exec to Lead Cloud Unit in $100 Million Push
by shayaanby shayaanHIVE Digital Technologies, the publicly listed Bitcoin (BTC) miner (NASDAQ: HIVE) has announced the appointment of Craig Tavares as President and Chief …
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Mining
Wall Street BTC Miner HIVE Posts $29.2M Revenue as Bitcoin Holdings Top $260M
by shayaanby shayaanThe publicly listed Wall Street Bitcoin (BTC) miner HIVE Digital Technologies (NASDAQ: HIVE) reported fourth-quarter revenue of $29.2 million and adjusted EBITDA …
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Mining
Hive Digital’s Paraguay Purchase to Quadruple Bitcoin Mining Capacity by Late 2025
by shayaanby shayaanHive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its …
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Mining
Bitcoin miner HIVE targets 150% growth by 2025-end after 47% YoY operational surge in 2024
by shayaanby shayaanCanadian mining firm HIVE Digital Technologies has reached 6.0 EH/s in operational hashrate, marking a 47% year-over-year increase. Bitcoin (BTC) miner HIVE …
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Mining
Bitcoin Miner Hive Bets Big on AI Boom With $30 Million Nvidia GPU Deployment in Quebec
by shayaanby shayaanHive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant shift toward …
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The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network’s total hashrate. …
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Canadian Bitcoin mining giant Hive Digital is betting big on Paraguay. The public firm—which trades on both the Toronto stock exchange and …
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Mining
Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
by shayaanby shayaanCanaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining …
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Mining
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
by shayaanby shayaanHive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site …