**Bitcoin Mining Embraces Regulation and Renewable Energy**

Bitcoin mining firms are increasingly engaging with regulators to highlight their role in grid stability and clean energy transitions. At the ‘Proof of Work Summit’ in Germany, Hive Digital CEO Aydin Kilic shared insights on overcoming regulatory hurdles and expanding into renewable energy.

Kilic emphasized that Bitcoin miners can rapidly reduce energy usage upon utility companies' requests, aiding grid stability during peak demands. Hive has been actively educating regulators on the economic and energy benefits of data centers, especially in Sweden, Canada, and Paraguay.

Hive plans to build a 100-megawatt mining site in Paraguay, leveraging hydro energy to support grid stability and boost its mining capacity.