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
The Miller Family's Successful Journey into Bitcoin

The Miller family's journey into Bitcoin showcases their early adoption and significant investment success.

The Silent Theft of American Prosperity: How Banks Profit at Your Expense

Americans are losing purchasing power as banks profit from low interest rates on savings and high rates on loans.

Bitcoin Reclaims Leadership in Cryptocurrency Payments

In 2025, Bitcoin has regained its position as the leader in cryptocurrency payments, achieving a 22.1% market share according to a Coingate report.

Paradex Refunds $650,000 to Users Following Software Error

Paradex refunded $650,000 to about 200 users due to a software error that caused unintended liquidations during a database upgrade.

Michael Saylor Highlights MSTR's Outperformance Over Bitcoin

Michael Saylor highlights MSTR's impressive returns since adopting the Bitcoin Standard, outperforming Bitcoin significantly.

Binance Moves 175 Billion SHIB Tokens to Cold Storage, Speculation Arises

Binance has transferred 175 billion Shiba Inu (SHIB) tokens to a cold storage address, leading to fresh speculation regarding the cryptocurrency's price.

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