HIVE Digital, a publicly listed company, plans to build a new 400 MW hydropowered data center campus in Paraguay as part of the third phase of its expansion plan. According to the item cited by Techub News, the site is intended to use local clean hydroelectric power for bitcoin mining and related operations, with the goal of increasing the company’s global computing capacity. The report says the project would significantly expand HIVE Digital’s overall operating scale. At the same time, it notes that relying on a single energy source brings a degree of strategic risk. The brief cites Crypto Briefing as the source of the information. No additional project timeline or investment details were disclosed in the provided report.
HIVE Digital, a publicly listed company, is planning to build a new 400 MW hydropowered data center campus in Paraguay as part of the third phase of its expansion plan, according to Techub News.
The campus is intended to use local clean hydroelectric power for bitcoin mining and related activities, a move aimed at lifting the company’s global computing capacity. The report says the project would materially increase HIVE Digital’s overall operating scale. It also says dependence on a single energy source carries strategic risk.
The brief cited Crypto Briefing.
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