Paraguay
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Bitcoin Miner Hive Bets Big on Paraguay for Cheap, Clean Energy
Bitcoin mining company Hive Digital Technologies is putting forward a long-term play in Paraguay, betting on the country’s low-cost hydropower and stable business environment to fuel its growth. The company, which already operates in Canada and Sweden, recently acquired a 200-megawatt (MW) mining facility in Paraguay from rival Bitfarms for $56 million. The first phase,…