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Hive’s Frank Holmes on Expanding Bitcoin Mining in Paraguay

CoinDesk LogoCoinDesk1w ago

Hive’s Frank Holmes on Expanding Bitcoin Mining in Paraguay - CoinDesk

Quick Summary:

The company’s chairman, a speaker at this year’s Consensus festival, looks at what's next for the mining industry.

So it's a win-win for the Paraguayan government and it's a win-win for HIVE shareholders, because we want to stay focused on green energy.

Frank Holmes: At one time we had 130,000 AMD chips and we were mining ether (ETH).


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Hive’s Frank Holmes on Expanding Bitcoin Mining in Paraguay - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Tom Carreras

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 14:06:38 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 1368 words

Reading Time: 8 minutes read

Sentences: 97 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27728710

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 10 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://chronographically.beamstart.com/news/hives-frank-holmes-on-expanding-17441214238973

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