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
The Importance of Win Rate and Risk Reward Ratio
A high win rate is not necessary for profitability if the Risk Reward Ratio is strong enough.
BlockchainFX and Ozak AI Join the Best Presale Tokens List
BlockchainFX and Ozak AI are gaining attention as high-potential early-stage tokens in the presale market.
Investors Shift Focus to Early-Stage Crypto Presales
Investors are increasingly focusing on early-stage crypto presales instead of late bull runs, indicating a strategic shift in the current market.
Understanding the Risk Reward Ratio in Crypto Trading
The Risk Reward Ratio is a crucial tool for traders to evaluate potential profits against potential losses in crypto trading.
South Korea's Financial Services Commission Restructures for Better Oversight
The FSC is undergoing an internal reorganization to improve operational efficiency and oversight of virtual asset providers.
Validators Update Node Software for Hayabusa Transition
Validators on the VeChainThor blockchain have started updating their node software as part of the transition to the Hayabusa upgrade, introducing new staking mechanics.
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