HIVE Expands to 300 MW in Paraguay as Industrial Union Warns of 2029 ‘Grid Collapse’

• HIVE Digital Technologies recently completed a major expansion of its hydro-powered mining facility in Paraguay
• The company reports it now contributes over 24 EH/s (exahash per second) to the global Bitcoin network and has generated 289 BTC in October alone
• Paraguayan Industrial Union (UIP) has warned that if mining demand continues rising unchecked, the country’s power grid could collapse as early as 2029

HIVE Digital Technologies, one of the largest Bitcoin miners globally, recently completed a major expansion of its hydro-powered mining facility in Paraguay, bringing the site’s total capacity to 300 MW.

The company reports it now contributes over 24 EH/s (exahash per second) to the global Bitcoin network and has generated 289 BTC in October alone. It also posted its highest-ever quarterly earnings at $87.3 million, which is nearly quadruple last year’s figur…

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