Hive Digital Planning to Build a 100-megawatt Data Center in Paraguay

IconCryptoNewsTerminal Staff22 Jul, 2024

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Hive Digital Planning to Build a 100-megawatt Data Center in Paraguay

Hive Digital Technologies, a cryptocurrency miner, has planned to build a 100-megawatt data center that will run on hydropower in Paraguay. According to the press release, the company has bought 500 new Antminer S21 Pro mining machines in preparation for the project. This data center will be a great addition to the country's growing cryptocurrency mining industry. Paraguay is already home to several large-scale cryptocurrency mining operations, and the addition of this new data center will further cement its position as a global hub for cryptocurrency mining.