Canada’s Hive closer to 300MW crypto data center processing in Paraguay

Canada's Hive closer to 300MW crypto data center processing in Paraguay

Canadian cryptocurrency company Hive Digital Technologies has completed phase 2 of its Yguazú data center in Valenzuela, Paraguay, reaching 200 megawatts (MW) of local operational capacity.

The company said all bitcoin mining hardware for this phase has been received and installed, and that the milestone was reached ahead of schedule. It comes as Hive surpasses 18 exahash per second (EH/s) of global bitcoin mining capacity. 

Exahash is a unit for hash rates, which are used in data mining to measure the combined computing power of a cryptocurrency network.

One exahash is equal to one quintillion hashes per second. This means 688 quintillion guesses are being submitted to the blockchain every second.

Hive’s Paraguay…

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