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Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina

Post author:MiamiCrypto
Post published:July 8, 2024
Post category:ANDE Argentina Brazil Crypto Cryptocurrency Mining Paraguay power fees zapala

The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A…

President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill

Post author:MiamiCrypto
Post published:September 2, 2022
Post category:Bitcoin Mining cryptocurrency bill laurentino cortizo mario abdo Panama Paraguay Power Consumption power fees president of paraguay Regulation veto

The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity.…