Paraguay has reached a significant milestone in its crackdown on illegal cryptocurrency mining, equaling Venezuela in the number of seized Bitcoin (BTC) mining rigs. Paraguayan authorities have confiscated over 10,000 ASIC miners from illegal operators this year.
Cheng YuanParaguay considers Bitcoin mining regulation to boost economic growth. Proposed bill emphasizes job creation and investment attraction, while addressing legal, environmental, and compliance concerns.
Xu LinThe proposed ban on crypto mining in Paraguay could have significant economic repercussions, highlighting the delicate balance between regulating the industry and maintaining a stable energy supply.
AlexBitcoin uses half the energy that is wasted every year in the U.S.
BeincryptoThe company is offering to move approximately 8,000 machines to Texas.
CoindeskThe bitcoin utopia dream from this part of the globe could be in jeopardy. Recent years have witnessed a regulatory ...
BitcoinistBitcoin trading and mining will now be under the crosshair of the Paraguay government. Last month, the Chamber of Deputies ...
BitcoinistDuke Energy, the second largest electric power provider in the United States, is reportedly considering bitcoin mining. According to reports, ...
BitcoinistBitcoinist“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
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