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Browsing: Paraguay

Mining

Paraguay Endures Crackdown on Illegal Bitcoin Mining with Harsh Penalties

19 June 20242 Mins Read

Amendment to Article 173 of the Penal Code passed with significant support: 29 votes in favor, 7 abstentions.…

Mining

Krypto-Initiativen verändern die Wirtschaftsstrategien in Paraguay und Brasilien

17 June 20243 Mins Read

Paraguay enthüllt eine Wirtschaftsstrategie, die sich auf Bitcoin-Mining konzentriert, um Energieüberschüsse zu nutzen, und will mehr Industrien anziehen.…

Mining

Paraguay Extends Bitcoin Mining Support To Boost Economic Growth

10 June 20243 Mins Read

Paraguay has taken a significant step in leveraging its abundant hydro-energy resources to support Bitcoin mining, aligning this…

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Regulation of Bitcoin Mining in Paraguay: Transparency and Electrical Security

5 June 20243 Mins Read

A new bill in Paraguay aims to regulate Bitcoin mining to promote economic and technological development in the…

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Paraguay Government Seizes 2,738 Illegal Crypto Mining Units In Salto Del Guair

1 June 20242 Mins Read

The Paraguayan government has carried out confiscation operations of thousands of illegal crypto mining units at Salto del…

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Legislative Challenges Facing Bitcoin Mining Industry in Paraguay

30 May 20243 Mins Read

About 55 companies are actively mining Bitcoin in Paraguay, benefiting from the rapid construction of large-scale mining operations.…

Mining

Paraguay Gov’t to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’

19 May 20243 Mins Read

Last updated: May 19, 2024 19:30 EDT | 2 min read The government of Paraguay will ask lawmakers…

Mining

Miners Get Funding, Paraguay Rethinks Ban

11 April 20243 Mins Read

The effect of Bitcoin’s impending halving extends broader, triggering a surge in mining investment and sparking regulatory debates…

Mining

Proposed Ban on Bitcoin Mining May Lead to $200M Loss for Paraguay

8 April 20244 Mins Read

Key Takeaways: Proposed Legislation: Paraguay is considering a law to ban Bitcoin mining for 180 days or until…

Mining

Paraguay Faces $200M Annual Loss with Bitcoin Mining Ban

8 April 20242 Mins Read

Proposed legislation in Paraguay seeks to ban crypto mining due to concerns over power theft and grid disruptions.…

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