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
Bitcoin Faces Critical Support Level at 84,500
Bitcoin's price remains around 90,000, but analysts warn of a critical support level at 84,500 that could lead to capitulation.
NEAR Price Shows Signs of Recovery
NEAR has bounced back after a significant pullback, showing signs of a potential upward trend as it rises above the 21-day moving average.
Key Resistance Levels for NEAR Identified
Analysts highlight critical resistance zones for NEAR, particularly around the 195 mark.
WazirX Recovery Tokens Linked to Future Buybacks and User Claims
WazirX's Recovery Tokens provide users with rights to future buybacks based on asset recoveries.
Michael Saylor Revives Historic Bitcoin Phrase
Michael Saylor revives the historic phrase 'Running bitcoin' to highlight Bitcoin's evolution from a pioneering idea to a major player in corporate finance.
Polygon Team Transfers 20 Million POL Tokens Amid Major Rally
An address linked to the Polygon team transferred 20 million POL tokens worth approximately 35 million to Binance and market maker GSR Markets amid a major rally.
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