Hive is transforming its Boden, Sweden, Bitcoin facility into a high-performance AI data center as part of its rapid European expansion. The conversion—expected to take just nine months—will add 2,000 Nvidia GPUs, boosting Hive’s total capacity alongside sites in Stockholm and Montreal. By repurposing existing infrastructure, Hive aims to deliver scalable, energy-efficient AI compute to the EU faster than traditional builds.
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