Hive Digital announces completion of first 100 MW infrastructure in Paraguay

HIVE Digital (HIVE) Technologies announces the 100% completion of Phase 1 infrastructure at its flagship Yguazu facility in Paraguay – a 100 megawatt air-cooled data center backed by a fully energized 200 MW substation. In addition, HIVE is welcomes Carlos Anibal Torres as its new Paraguay Operations & Project Manager, a leadership hire as the Company accelerates expansion in the region. HIVE has now completed construction and energization of the 100 MW Phase 1 infrastructure at the Yguazu site, enabling capacity for 5 exahash per second of next-generation ASIC miners. The Company is currently operating 200 petahashes of hashrate at the site using its proprietary BUZZ Miners, with a total of 8,000 BUZZ Miners expected online by the end of April.