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Paraguay

A collection of 4 posts

Bitfarms Sells Paraguay Bitcoin Mining Site to Boost North American AI Growth

Bitfarms Sells Paraguay Bitcoin Mining Site to Boost North American AI Growth

Bitfarms Ltd. announced on Friday that it has agreed to sell its 70-megawatt Paraguay Bitcoin mining facility for up to $30 million. The transaction marks the company’s complete exit from Latin America as it redirects resources toward higher-return opportunities. The buyer is Sympatheia Power Fund, managed by Singapore-based Hawksburn

El Salvador Expands Crypto Regulation Reach with New Paraguay Agreement

El Salvador Expands Crypto Regulation Reach with New Paraguay Agreement

El Salvador has taken another significant step in its mission to shape the global crypto landscape by signing a regulatory agreement with Paraguay. This move, formalized last Friday, marks the second such partnership El Salvador has secured in the past three months, following a similar deal with Argentina in December.

Hive Digital Technologies Boosts Bitcoin Mining Power with Paraguay Acquisition

Hive Digital Technologies Boosts Bitcoin Mining Power with Paraguay Acquisition

Hive Digital Technologies Ltd., a leader in Bitcoin mining and blockchain infrastructure, has made a significant strategic move by acquiring Bitfarms' 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay. This acquisition is set to dramatically enhance Hive's capacity to mine Bitcoin, aiming to quadruple its current

Hive Mining Advances with Paraguayan Operations

Hive Mining Advances with Paraguayan Operations

Hive Mining, a crypto mining company, has recently shared significant updates regarding the expansion and enhancement of its mining capabilities in Paraguay. This strategic move not only underscores Hive's commitment to growth but also highlights their adaptability in the ever-evolving blockchain landscape. Expansion in Paraguay In the verdant