Legislators in Paraguay are considering a ban on cryptocurrency mining to address the country's severe energy crisis. The proposed legislation is a response to concerns about the impact of illegal crypto mining on Paraguay's power supply. Paraguay's abundance of hydroelectric resources has attracted crypto miners looking for affordable energy sources.
**Contemplating Legislation to Ban Crypto Mining in Paraguay**
by Giorgi Kostiuk
2 years ago
0
Other news
Microsoft Reports Strong Q2 Earnings Despite Stock Dip
Microsoft achieved $813 billion in revenue for Q2 2025, surpassing estimates, but stock fell due to slower cloud growth.
Tesla Confirms $2 Billion Investment in xAI
Tesla announced a $2 billion investment in xAI, marking a significant step in their partnership to enhance AI capabilities.
Tesla Reports Fourth Quarter Earnings with Narrow Beat
Tesla's fourth quarter earnings exceeded analyst expectations, with adjusted earnings of 50 cents per share and revenue of $24.90 billion. The stock rose 4% in after-hours trading following the report.
Optimism's Buyback Plan Marks Shift in Layer 2 Tokenomics
The recent approval of the OP token buyback plan by the Optimism governance community marks a significant shift in Layer 2 tokenomics.
MSCI Expands Buybacks and Raises Dividend
MSCI announced the repurchase of 4.4 million shares and a cash dividend increase of 13.9% for Q1 2026.
MSCI Reports Strong Q4 2025 Results
MSCI has posted a solid finish to 2025, surpassing forecasts with fourth-quarter revenue of $8,225 million, which is up 106% from a year ago.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter