Hydrodrive
HydroHive is a cryptocurrency mining company fundraising to build a 100MW hydro-powered data center in Paraguay for Bitcoin mining. The project aims to leverage renewable hydroelectric energy for sustainable, large-scale mining operations. Details are limited due to restricted LinkedIn access, but the focus is on eco-friendly Bitcoin mining infrastructure in Paraguay.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.
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February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.
