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Category Paraguay

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Hive Digital Doubles Down on Paraguay Bitcoin Mining Expansion

Hive Digital Doubles Down on Paraguay Bitcoin Mining Expansion

“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives in Paraguay, a country...
Mar, 16, 2025
by Bitcoin News
Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church

Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church

The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, wh...
Sep, 03, 2024
by Bitcoin News
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran Pre...
Sep, 02, 2024
by Bitcoin News
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs

Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs

A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. Accordi...
Aug, 29, 2024
by Bitcoin News
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay

9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay

Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According...
Aug, 26, 2024
by Bitcoin News