HIVE plans first HPC deployment in Paraguay for Q1

2 hours ago 2

Edwin Ziheng Wang

Tue, January 13, 2026 astatine 8:56 AM CST 1 min read

HIVE (NASDAQ: HIVE) is expanding its precocious show compute (HPC) concern enactment into Paraguay, wherever it presently operates 300 MW of bitcoin mining infrastructure.

The caller project, branded BUZZ Cloud, volition beryllium hosted wrong a Tier III information halfway successful Asunción starting successful the archetypal 4th of 2026. HIVE has established a associated task with a Paraguayan telecommunications institution to motorboat the project.

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HIVE said the deployment targets world institutions, fiscal firms, and healthcare providers crossed South America.

Management plans to standard the HPC task utilizing Paraguay’s renewable hydroelectric powerfulness and its partner’s nationalist fibre network. HIVE presently operates 300 MW of bitcoin mining infrastructure successful the country, with near-term plans to adhd 100 MW to these operations.

The enlargement occurs amidst a backdrop of strengthening organization ties betwixt Paraguay and the United States.

U.S. officials signed a Status of Forces Agreement with the Paraguayan authorities successful December 2025, a determination HIVE cites arsenic grounds of a unchangeable concern climate. The institution believes these conditions enactment semipermanent superior allocation successful the region.

Header representation by Tobias Meza via Unsplash.


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