The proposal to increase electricity tariffs for Bitcoin miners in Paraguay could have a detrimental impact on the economy and job market, potentially leading to significant financial losses and instability. It raises concerns about the country's reputation as a reliable destination for international investors and risks the livelihoods of over 1,170 direct employees in the Bitcoin mining sector.
Impact of Increased Electricity Tariffs on Bitcoin Mining in Paraguay (Summary)

by Giorgi Kostiuk
2 years ago

Other news
Leading Altcoins by Unique Wallet Addresses Revealed

A recent report reveals a list of altcoins with the most unique wallet addresses, highlighting BNB Chain, Ethereum, and Tron as the top contenders.

Unique Wallet Addresses Surge in Cryptocurrency Market

Recent data reveals a significant increase in the number of unique wallet addresses holding various cryptocurrencies, indicating a rise in user adoption.

Trump Faces Supreme Court Scrutiny Over Tariff Powers

The US Supreme Court is reviewing President Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs, which could lead to significant changes in US trade policy.

Kalshi Faces Legal Challenges Over Sports Wagering Regulations

Kalshi is involved in a legal dispute with Connecticut regulators over the classification of its event contracts as illegal gambling.

BANANA Trades Within Symmetrical Triangle Indicating Potential Breakout

BANANA is currently consolidating within a symmetrical triangle, indicating potential for a breakout.

Circle Gains Conditional Approval for First National Digital Currency Bank

Circle has received conditional approval from the US Office of the Comptroller of the Currency to establish the First National Digital Currency Bank.

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