HIVE taps LATAM for stable and low-cost energy partnership

Several crypto-focused organizations — including Bitcoin (BTC) mining companies — are eyeing a US return, primarily driven by uncertain geopolitical tensions. Still, BTC miner HIVE Digital Technologies is doubling down on the untapped potential of the Latin American market. In an exclusive interview with Cointelegraph, HIVE Digital Technologies’ president and CEO, Aydin Kilic, said that Paraguay presents a compelling long-term opportunity equipped with “geopolitical stability, low-cost hydro energy, and a government open to foreign investment”. Picking up from where Bitfarms left offHIVE acquired Bitfarms’ 200 MW Yguazú facility for $56 million in January source: https://cointelegraph.com/news/hive-digital-expands-bitcoin-mining-paraguay-latam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound