PANews reported on November 4th that, according to The Block , Nasdaq- listed HIVE Digital Technologies announced the purchase of 32.5 acres of land in Grand Falls, New Brunswick, Canada, for approximately $ 1.7 million to build a renewable energy-driven data center campus. The plan is to deploy over 25,000 GPUs and create its first Tier III+ high-reliability data center in Atlantic Canada. HIVE stated it is shifting from Bitcoin mining to AI/HPC hosting, utilizing hydroelectric power and existing facilities to serve " hyperscalers . "PANews reported on November 4th that, according to The Block , Nasdaq- listed HIVE Digital Technologies announced the purchase of 32.5 acres of land in Grand Falls, New Brunswick, Canada, for approximately $ 1.7 million to build a renewable energy-driven data center campus. The plan is to deploy over 25,000 GPUs and create its first Tier III+ high-reliability data center in Atlantic Canada. HIVE stated it is shifting from Bitcoin mining to AI/HPC hosting, utilizing hydroelectric power and existing facilities to serve " hyperscalers . "
HIVE acquired 32.5 acres of land in Canada for $1.7 million to expand its AI data center.
2025/11/04 08:27
PANews reported on November 4th that, according to The Block , Nasdaq- listed HIVE Digital Technologies announced the purchase of 32.5 acres of land in Grand Falls, New Brunswick, Canada, for approximately $ 1.7 million to build a renewable energy-driven data center campus. The plan is to deploy over 25,000 GPUs and create its first Tier III+ high-reliability data center in Atlantic Canada. HIVE stated it is shifting from Bitcoin mining to AI/HPC hosting, utilizing hydroelectric power and existing facilities to serve " hyperscalers . "
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
A New Aid Blueprint? Meta Earth Tests On-Chain Consensus, Off-Chain Action in the Philippines
The “Meta Earth Global UBI Initiative: From E to Emergency” campaign is a fascinating test case: a hybrid of on-chain mobilization and traditional off-chain logistics that may offer a blueprint for a new, more inclusive era of philanthropy. The Web3 world is built on grand narratives—decentralized futures, autonomous economies, and digitally-native societies. Yet, these ambitious […] The post A New Aid Blueprint? Meta Earth Tests On-Chain Consensus, Off-Chain Action in the Philippines appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/11/05 20:25
Analysts: Even with a pullback in BTC, the annualized return of the BlackRock Bitcoin ETF is still close to 80%.
PANews reported on November 5th that Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform: "Even after this pullback, Bitcoin has still risen by 300% since BlackRock applied for a Bitcoin ETF 30 months ago. That's equivalent to an annualized return of nearly 80%. Don't worry."
Share
PANews2025/11/05 20:17
The "whale" that was holding short positions reduced its holdings by 4,000 ETH, incurring a loss of $182,000, bringing its total short position down to $24.8 million.
PANews reported on November 5th that, according to on-chain analyst @ai_9684xtpa, a long-term whale (i.e., a whale with a 100% win rate) reduced its holdings by 4,000 ETH, incurring a loss of $182,000. Currently, its remaining $24.8 million in short positions has only $54 of liquidation space (liquidation price $3,394.77).
Share
PANews2025/11/05 20:39