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
a year ago
Other news
Analysis of Meme Coins in 2025: Shiba Inu, Ponke, and New Player MoonBull

Overview of the current state of meme coins, their trends, and future projects including Shiba Inu, Ponke, and MoonBull.

Ethereum Introduces EIP-7983 with Gas Limit

Vitalik Buterin and Toni Wahrstätter propose a gas limit of 16.77 million for Ethereum transactions.

Olaxbt Secures $3.38 Million for AI Trading Development

Olaxbt secured $3.38 million to enhance its AI trading platform, signaling a new trend in the digital asset trading market.

1,000 BTC Transfer by Abraxas Capital: Market Implications

Abraxas Capital transfers 1,000 BTC to Kraken, potentially affecting the market and increasing volatility.

Bitcoin Records Historic Growth: Economic Analysis

Bitcoin's price surged to a record $111,486 amidst favorable economic conditions. An analysis of the factors behind the rise.

Mutuum Finance (MUTM) Attracts Investor Attention Amid Solana's Challenges

Mutuum Finance (MUTM) demonstrates rising investor interest as Solana faces decline, and the project launches a new stablecoin.

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