The Bitcoin miner Hive seeks partnership with Paraguay for low-cost energy

The president and CEO of Hive Digital Technologies, Aydin Kilic, stated that Hive is not seeking short-term regional arbitration, but rather Paraguay as a long-term clean energy partner.

Several organizations focused on cryptocurrencies — including Bitcoin mining companies

BTC

85,390 €

 — are considering returning to the United States, primarily due to uncertain geopolitical tensions. However, the BTC miner Hive Digital Technologies is betting on the untapped potential of the Latin American (LATAM) market.

In an exclusive interview with Cointelegraph, the president and CEO of Hive Digital Technologies, Aydin Kilic, mentioned that Paraguay presents a compelling long-term opportunity equipped with "geopolitical stability, low-cost hydroelectric power, and a government open to foreign investment."

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