đ„đ„Hit newsđ„
Bitcoin mining is entering a new era of growth and sustainability, led by Frank Holmes, Executive Chairman of HIVE Digital Technologies. With the adoption of new FASB accounting standards, Bitcoin can now be reported at fair market valueâan institutional game-changer that could accelerate corporate adoption across the crypto space.
HIVE is seizing this momentum with bold expansion plans. The firm is acquiring advanced Bitmain S21+ Hydros to boost its capacity to 15 EH/s by summer 2025, and aims to hit 25 EH/s by September through a new 200 MW hydro-powered facility in Paraguay. Thatâs a staggering 317% increase in hashrateâpowered by clean energy.
With projected annual revenues of over $300M and more than $200M in mining margin, HIVE is setting a new standard for efficient, sustainable, and transparent Bitcoin mining. Keep an eye on this powerhouseâitâs reshaping the mining landscape. #Bitcoin #BTC #HIVE #CryptoNews #BinanceSquare $BTC
