sustainable

HIVE Digital Technologies has surpassed 11 EH/s in Bitcoin mining hashrate, achieving 11.4 EH/s, ahead of schedule. This success, driven by the completion of Phase 1 in Paraguay, reflects the company’s commitment to sustainable expansion. HIVE aims for 25 EH/s by Thanksgiving 2025 and is expanding its Paraguay site utilizing renewable energy. The company’s investments also support local communities through job creation and infrastructure development.

Chinese media and government bodies are urging a halt to the EV price wars due to sustainability concerns. They emphasize the need for innovation over price cuts, citing the rising demand for high-tech EVs. The focus shifts towards value-driven competition, encouraging manufacturers to prioritize long-term success through technological and management advancements. This shift aims to create a sustainable market and foster overseas expansion, avoiding the pitfalls of solely price-focused strategies.