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
Missing Bitcoin Case Raises Concerns Over Asset Custody in South Korea
Missing Bitcoin case raises concerns over asset custody in South Korea.
South Korean Tax Service Accidentally Exposes Crypto Wallet Seed Phrase, Leading to Major Theft
South Korea's National Tax Service accidentally published a photo revealing a crypto wallet's seed phrase, leading to the theft of 4 million PRTG tokens worth approximately 48 million.
Bitcoin Faces Multiple Resistance Levels Ahead of Potential Bullish Shift
Bitcoin must overcome several resistance zones to signal a potential bullish trend.
Bitcoin Faces Resistance as Price Struggles to Break 70,000
Bitcoin has faced challenges in maintaining prices above 70,000 throughout February, indicating a potential resistance level.
Former Mt Gox CEO Proposes Hard Fork to Recover $5 Billion in Bitcoin
Mark Karpeles, the former CEO of the collapsed Mt Gox exchange, proposes a hard fork in Bitcoin to recover nearly 80,000 Bitcoin lost during the exchange's downfall in 2014, valued at over $5 billion.
MVRV Pricing Bands Indicate Potential Bitcoin Price Bottom
MVRV pricing bands suggest potential Bitcoin price bottom between $51,558 and $54,703.
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