HIVE Digital Technologies has completed the second phase of its mining center in Yguazú, Paraguay. This increase in capacity has provided the company with a significant advantage in Bitcoin mining.
Completion of the Second Phase
HIVE Digital Technologies has successfully completed the second phase of expansion at its mining center in Yguazú, resulting in a global computing power increase to over 18 exahashes per second (EH/s).
Performance and Equipment
With the installation of Bitmain Antminer S21+ Hydro equipment, the company now produces over 8.5 bitcoins daily, equating to approximately $6.6 million at current market prices.
Company's Future Plans
HIVE has already begun its third phase, which includes adding another 100 MW of electrical infrastructure. Construction is expected to be completed by late November, significantly increasing the company's production capacity.
By completing the expansion in Yguazú and planning further steps in Valenzuela, HIVE reinforces its strategy for large-scale mining based on renewable energy sources in Paraguay.
