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This Wall Street Bitcoin Miner Orders 6,500 Canaan Machines in $100M Paraguay Push
The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies Ltd. (NASDAQ: HIVE), is significantly expanding its BTC production capabilities through a substantial order of next-generation mining equipment and the development of a new facility in Paraguay. It marks the company’s push to boost operational capacity amid evolving market conditions, including record-high hashrate and mining difficulty. The Vancouver-based crypto mining company announced the purchase of 6,500 Canaan Avalon A1566 ASIC miners, with the initial deployment of 500 units scheduled this week. The remaining 6,000 miners will be ... (full story)
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- Posted: Nov 11, 2024 8:24am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 142
