HIVE Digital To Build 100 MW Data Center In Paraguay, Aiming For 12 EH/S Hashrate And Doubling Revenue
Portfolio Pulse from Benzinga Newsdesk
HIVE Digital is set to build a 100 MW data center in Paraguay, aiming to achieve a 12 EH/S hashrate and double its revenue.
July 22, 2024 | 6:25 am
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HIVE Digital plans to construct a 100 MW data center in Paraguay, which is expected to significantly increase its hashrate to 12 EH/S and potentially double its revenue.
The construction of a new data center with a substantial capacity of 100 MW is likely to enhance HIVE Digital's operational capabilities, leading to a higher hashrate and increased revenue. This development is expected to positively impact the company's stock price in the short term.
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