Paraguay's HIVE Digital mines 8+ Bitcoin daily using surplus Itaipú Dam power.

HIVE Digital Technologies has expanded its Yguazú Bitcoin mining facility in Paraguay to 200 MW, mining over 8 Bitcoin daily by using cheap, surplus hydroelectric power from the Itaipú Dam. Paraguay's low domestic electricity use leaves abundant energy available, making it an attractive location for mining. However, rising power costs and regulatory challenges, including illegal mining and potential tariff hikes, pose risks. Investors should watch HIVE's planned Phase 3 expansion and any changes in Paraguay's energy policies closely.