HIVE Digital Technologies enhances Bitcoin mining efficiency with strategic acquisition
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HIVE Digital Technologies has acquired 8.6 EH/s of Bitmain S21+ Hydros to enhance its Bitcoin mining efficiency, aiming to increase its hashrate to 15 EH/s by 2025 using green energy in Paraguay.
December 03, 2024 | 2:00 pm
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HIVE Digital Technologies has acquired new mining equipment to significantly increase its Bitcoin mining capacity, aiming for a 15 EH/s hashrate by 2025, utilizing sustainable energy sources.
The acquisition of Bitmain S21+ Hydros is a strategic move to enhance HIVE's mining efficiency and capacity, which is likely to positively impact its stock price as it aligns with sustainable energy trends and increases operational capacity.
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