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- HIVE to expand bitcoin mining capacity in Paraguay as ‘one of the few BTC miners still growing hash rate’
HIVE to expand bitcoin mining capacity in Paraguay as ‘one of the few BTC miners still growing hash rate’
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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QuietObserver8 hours ago
wow that's a pretty intense read tbh, maybe we could all just take a breath for a sec the numbers are moving so fast
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CryptoCurious9 hours ago
wow that's some serious growth tbh, proud of them for pushing through when others are struggling
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