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National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ...
Tag: Paraguay
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with ...
Hive to build massive Bitcoin mining facility in Paraguay despite looming energy hikes
In a July 22 statement, Bitcoin miner HIVE Digital said it plans to construct a 100-megawatt digital asset mining operation in ...
Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According ...
Crypto miner HIVE Digital to double revenue with 100MW center in Paraguay
Canadian cryptocurrency mining firm HIVE Digital has announced plans to build a 100MW mining center in Paraguay to boost its ...
Paraguay shuts illegal bitcoin mines that stole enough power to light a city
Paraguay has shut down more than 70 illegal bitcoin mines in the past five years, according to the country’s national ...
Paraguay cracks down on illegal Bitcoin mining – Impact on revenue
Paraguay’s legal authorities seized large amounts of illegal Bitcoin mining machines. Miner revenue collected continued to decline. Bitcoin’s recent surge ...
Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking ...
Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In ...
Argentina Emerges as New Hub for Bitcoin Mining Projects Amid Rising Costs in Paraguay
Argentina becomes attractive for Bitcoin mining due to lower energy costs and favorable tax conditions in Zapala. Joint venture between ...
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