Hive Digital, a blockchain and artificial intelligence (AI) infrastructure data center operator, reported the completion of the second phase of its bitcoin mining site at Yguazú, Paraguay. In a recent press release, Hive Digital stated that it had reached a mining hashrate of 18 EH/s, allowing it to mine over 8.5 BTC per day.
The company highlighted that the whole operation, comprising 200MW, is powered by hydroelectric energy coming from the Itaipu dam, one of the largest of its kind.
Hive stressed that the goals established for the Yguazú site had been reached faster than anticipated by the company, even though this is the largest installation operated by the organization.
Hive Yguazú’s site bitcoin mining operation is powered by Bitmain S21+ Hydro ASIC miners, which take advantage of advanced water-based cooling methods.
In addition, Hive Digital reported that work on the third phase of its Valenzuela site, another installation, was in an advanced state, with miners having recently shipped to the location and the 100MW already ready for usage.
This puts Hive Digital in a good position to reach its goal of breaking the 25 EH/s hashrate mark by Thanksgiving, allowing the company to mine an estimated 12 BTC daily based on current difficulty numbers.
“Our focus remains unwavering: deliver strong and sustainable performance, drive sector-leading efficiency through superior capital returns and low G&A expenses, and create lasting value for our shareholders as we continue building resilient, decentralized Bitcoin infrastructure,” said Darcy Daubaras, Hive Digital’s CFO.
In March, Hive Executive Chairman Frank Holmes reinforced the relevance of Paraguay’s operations for the company’s expansion, specifying that it would increase production by 400% at the time.
Read more: Hive Digital Doubles Down on Paraguay Bitcoin Mining Expansion
Read more: HIVE’s Hashrate Hits 16 EH/s as Bitcoin Mining Expansion Accelerates
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
