Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
1 Mins read
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to…
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
1 Mins read
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency…
Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
1 Mins read
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining…
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
1 Mins read
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition,…
Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground
1 Mins read
Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms…
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
1 Mins read
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining farms in Paraguay. According to…
Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized
1 Mins read
Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems…
Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal
1 Mins read
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100…