HIVE Digital has brought its full 300 MW Paraguay Bitcoin mining capacity online, completing a 100 MW expansion ahead of schedule as output climbs and global hashrate tops 24 EH/s. Cheap hydropower is the edge — but tariff and policy risk still lurk.
Read Full Article
Bitcoin miners are getting pinched by weak margins, rising costs, and a fading AI/HPC hype trade, while Texas adds fresh scrutiny to power-hungry projects. The survivors will be the ones with real infrastructure, real contracts, and enough discipline to outlast the buzzwords.
Read Full Article
CleanSpark reported a $239 million quarterly loss as revenue dropped 30.5% to $138 million, but it’s also betting big on a 20-year AI data center lease that could bring in $6.6 billion in contracted revenue. The shift shows miners chasing steadier cash flow beyond Bitcoin’s brutal volatility.
Read Full Article