Bitfarms to sell Paraguay Bitcoin mining site to HIVE

Bitfarms, a multinational Bitcoin mining firm, will sell its 200 megawatt (MW) facility in Yguazu, Paraguay, to Hive Digital ...
Terms Under the terms of the binding LOI, HIVE will purchase from Bitfarms its 100% ownership stake of its Yguazu, Paraguay Bitcoin mining site. The proposed transaction values the completed site at ...
Mining fundamentals are strong with the cost to mine around $27K per bitcoin (BTC) for the larger players, the report said.