Sell-out alert: <1██1> Bitfarms dumping its 200MW Paraguay cryptofarm to rival Hive for a cool $85M. 🤑 Where’s the beef?
The move seems to aim at getting Bitfarms to focus on North American mining sites after the hot mess left behind by Trump. 🇺🇸
Bitfarms CEO Ben Gagnon spills the tea:
“We’re reinvesting this moolah into our future, positioning ourselves as both a leading BTC miner and a HPC/AI infrastructure provider in the US. 🚀
Hive will hand over the 💰 over six months. The deal’s expected to close by the end of Q1 ’25 if they manage to avoid expensive lawsuits or fleet issues. 😜
Bye-bye, Paraguay – helloooo United States of America. 🇺🇸🎉
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2025-01-28 11:39