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Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE),…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public…
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for…
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a…
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped…
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability…
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña…
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator,…