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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
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News
Bitfarms Sells Paraguay Mining Site to Hawksburn C...
CoinDesk•Friday, January 2, 2026 at 01:24 PM•1 min read

Bitfarms Sells Paraguay Mining Site to Hawksburn Capital for $30M

Share:
The Arch TakeNeutral
BitcoinMining

Bitfarms, a Bitcoin mining company, is exiting Latin America through the sale of its mining site in Paraguay. According to reports, the site is being sold to Sympatheia Power Fund, which is managed by Hawksburn Capital, based in Singapore. The sale is valued at $30 million. This development signals a shift in Bitfarms' operational strategy and a change in the landscape of Bitcoin mining activities in the Latin American region.

Read full story at CoinDesk
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THE ARCH
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News
Bitfarms Sells Paraguay Mining Site to Hawksburn C...
CoinDesk•Friday, January 2, 2026 at 01:24 PM•1 min read

Bitfarms Sells Paraguay Mining Site to Hawksburn Capital for $30M

Share:
The Arch TakeNeutral
BitcoinMining

Bitfarms, a Bitcoin mining company, is exiting Latin America through the sale of its mining site in Paraguay. According to reports, the site is being sold to Sympatheia Power Fund, which is managed by Hawksburn Capital, based in Singapore. The sale is valued at $30 million. This development signals a shift in Bitfarms' operational strategy and a change in the landscape of Bitcoin mining activities in the Latin American region.

Read full story at CoinDesk
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

Crypto industry to contribute $55B to US economy in 2026: NCA study

Cointelegraph•11h ago

As BitMEX exits, analysts warn crypto consolidation is accelerating

Cointelegraph•11h ago

Bitcoin May Have Already Bottomed—If the Fed Helps, Says Grayscale

Decrypt •12h ago

Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy

CoinDesk•12h ago
← Back to News Feed