Bitcoin mining is making big moves again. Bitfarms recently finalized an asset transfer — selling its 70MW Bitcoin mining farm located in Paso Pe, Paraguay, to Sympatheia Power Fund under Singapore's Hawksburn Capital, with a transaction amount of up to $30 million.

What does this transaction mean? To put it simply, Bitfarms is saying goodbye to Latin America entirely. The deal is expected to close within two months, and once completed, their mining operations in Latin America will be reset to zero, with 100% of their energy assets shifting to North America.

What's more interesting is their subsequent plan — the money from the sale will not be used for dividends but will be fully invested in North American HPC and AI infrastructure development. This reflects a new mindset in the mining industry: the marginal returns from traditional Bitcoin mining are shrinking, while AI computing power infrastructure is becoming the new growth point. From a regional perspective, the stability and policy friendliness of the North American market are indeed more attractive than Latin America, and this adjustment aligns with the overall industry migration trend.