HIVE to expand bitcoin mining capacity in Paraguay as ‘one of the few BTC miners still growing hash rate’

2 weeks ago7 min read

In a market where weaker hands are being systematically flushed out, HIVE Digital Technologies is executing a masterclass in contrarian strength, aggressively expanding its Bitcoin mining capacity to a formidable 22 exahashes per second today—a staggering surge from the 6 EH/s it commanded at the start of the year. This isn't just growth; it's a declaration of dominance, a two-phase buildout in Paraguay that positions HIVE as one of the few public miners not just surviving the post-halving landscape but actively conquering it.While lesser operations capitulate under the weight of compressed margins and regulatory uncertainty, HIVE’s strategic pivot to leverage Paraguay’s abundant, cheap hydroelectric power is a quintessential Bitcoin-maximalist move: lean, efficient, and utterly focused on the only metric that truly matters—accumulating more of the pristine asset, BTC. This expansion is a direct refutation of the altcoin noise and the skeptical narrative that mining is a dying game; it’s a calculated bet on Bitcoin’s long-term value proposition, leveraging low-cost, renewable energy to build an unassailable moat.The timing is impeccable, coming as the network difficulty recalibrates, presenting a golden window for those with the operational excellence and financial fortitude to seize more of the hash rate pie. This is how you build a fortress balance sheet in a bear market, by doubling down when others are retreating, proving once again that in the unforgiving arithmetic of proof-of-work, there are no participation trophies, only the relentless, unyielding pursuit of more hashrate and more Bitcoin.

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