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
Institutional Demand for Bitcoin ETFs Grows
Institutional demand for Bitcoin ETFs is increasing, with approximately $789 million in inflows since March 2, 2023.
Recent Criminal Complaints Linked to Cryptocurrency in South Korea
South Korea has seen a rise in criminal complaints involving cryptocurrency, including revenge attacks and an attempted murder case.
Crypto Analyst Highlights Critical Bitcoin Price Levels for Investors
Crypto analyst VirtualBacon highlights critical price levels for Bitcoin, suggesting investors monitor $65,000 and $58,000 marks.
Gold Prices Expected to Rise Amid Market Uncertainty
Experts predict that gold prices may soon reach between 7K and 8K due to current global circumstances.
Coruna Hacking Toolkit Uncovered by Google
Google's Threat Intelligence Group has uncovered a powerful iPhone hacking toolkit named Coruna, capable of infecting devices through malicious websites without any user interaction.
Silver Prices Experience Major Volatility Amid US-Iran War
The ongoing US-Iran war has led to significant fluctuations in silver prices, with experts predicting a potential recovery.
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