Hive Buying Bitfarms Hash (Patreon)

Per my analysis over the years, HIVE has always ranked very well. It's a very lean mean Miner. But one of the complaints I always had was why are they not growing their hash. Well this has just changed.

• Bitfarms is strategically selling its 200 MW Paraguay site to HIVE Digital Technologies, allowing Bitfarms to focus on North American expansion, particularly in the U.S. for Bitcoin and AI infrastructure.

• This transaction enables HIVE to significantly increase its Bitcoin mining capacity, aiming for a 400% hashrate growth to 25 EH/s by September 2025, leveraging Paraguay's low-cost hydroelectric power.

• HIVE's acquisition aligns with global trends towards more sustainable energy use in cryptocurrency mining, as they plan to power their operations entirely with green energy, which is a notable shift in the industry's environmental approach.

  MINER RANKINGS