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

Other news
Bitcoin Difficulty Adjustment Shows Minimal Change

The latest Bitcoin Difficulty adjustment resulted in a minor increase of 0.45, reflecting a stable Hashrate trend.

Bitcoin Hashrate Recovers After January Snowstorm

Bitcoin miners have experienced a recovery in Hashrate after a significant drop due to a snowstorm in late January, leading to a Difficulty increase.

Senator Thom Tillis Central to CLARITY Act Negotiations

Senator Thom Tillis is emerging as a key figure in the negotiations surrounding the CLARITY Act, particularly regarding stablecoin yield and reward programs.

Bitcoin ETFs Experience Significant Outflows Amid Energy Shock

Bitcoin ETFs recorded a net outflow of approximately 1.392 million on March 5, reflecting a rapid shift toward risk aversion among institutional investors.

Over 10,000 Bitcoin Vulnerable to Quantum Attacks

A report reveals that more than 10,000 Bitcoin are at risk from potential quantum computing attacks.

Bitcoin Developers Consider Quantum-Resistant Solutions

Bitcoin developers are debating solutions to protect against quantum computing threats, including a potential hard fork for post-quantum cryptography.

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