Latest News for: Paraguay mining


Paraguay Wants to Jail Illegal Bitcoin Miners for Up to 10 Years as Local Mining Booms

Coinspeaker 20 May 2024
Paraguay to Jail People behind Illegal Mining to Protect Power Resources ... Paraguay’s mining industry is attractive to miners because of surplus power as the country hosts several large hydroelectric power stations that produce excess electricity.

Renewable electricity is more optimal than Paraguay’s anti-mining bill

CryptoNewsZ 20 May 2024
The proposed legislation enables Paraguayan law enforcement and legal officials to confiscate and auction off mining machines from unlawful operations to safeguard ANDE from energy theft, which results in substantial financial damage ... Bitcoin Mining.

Bitcoin Mining Giant Bitfarms Axes CEO Amidst $27 Million Lawsuit

Bitcoinist 14 May 2024
Bitcoin Mining Industry Challenges Impact Bitfarms ... Notably, Morphy oversaw the company’s expansion into the United States, Paraguay, and Argentina, as well as its Bitcoin mining operations in Quebec.

Bitfarms CEO steps down amid intensifying legal dispute

Cryptopolitan 13 May 2024
Bitfarms was founded in 2017 and has grown to operate 11 Bitcoin mining facilities in the United States, Canada, Paraguay, and Argentina ... The company currently operates 11 Bitcoin mining facilities, ...

Geoffrey Morphy’s $27M lawsuit leads to Bitfarms ouster

Invezz 13 May 2024
With 11 Bitcoin mining facilities spread across the United States, Canada, Paraguay, and Argentina, the company is well-positioned to capitalize on the growing demand for cryptocurrency mining services.

Paraguay pushes for $1.5bn gas pipeline with Argentina and Brazil

Offshore Technology 09 May 2024
Mauricio Bejarano, Paraguay’s Deputy Mining and Energy Minister, told Reuters ... Alexandre Silveira, the Brazilian Mines and Energy Minister, told Reuters that he supported Paraguay’s plan, but in order for it to materialise, further studies are needed.

Kenya Partners with Marathon Digital to Refine Cryptocurrency Policies

Cryptopolitan 07 May 2024
Marathon Digital, one of the top five largest crypto miners globally, brings substantial industry expertise, having established mining operations in multiple countries, including joint ventures in Abu Dhabi and Paraguay.

Arkansas senate deliberates on cryptocurrency mining regulations

Cryptopolitan 18 Apr 2024
Paraguay lawmakers are considering temporarily suspending ‘crypto mining activities’ because irregular crypto mines have drawn this country’s electricity without permission.

Paraguay Lawmakers To Debate On Bitcoin Mining Reconsideration

BitRSS 11 Apr 2024
Paraguay lawmakers, who proposed a Bitcoin mining ...

Paraguay Seeks to Review Blanket Ban on Bitcoin Mining

Coinspeaker 11 Apr 2024
Paraguay Seeks to Review Blanket Ban on Bitcoin Mining. Paraguay may be making a U-turn from the Bitcoin mining blanket ban that its lawmakers floated last week ... Paraguay Bitcoin Mining ... Paraguay Seeks to Review Blanket Ban on Bitcoin Mining ....

Breaking: Paraguay’s Senate Shifts Gears on Bitcoin Mining Ban

Coin Edition 11 Apr 2024
Paraguay explores leveraging excess energy for Bitcoin mining, signaling a potential economic shift ... Paraguay’s stance on cryptocurrency mining has taken a noteworthy turn as senators pause to reconsider a proposed blanket ban.

Paraguay to reconsider Bitcoin mining ban, mulls selling energy to miners

BitRSS 11 Apr 2024
Paraguay’s lawmakers have proposed an alternative to a controversial Bitcoin mining blanket ban and are set to debate the topic later this month ... .

Philippines SEC Bans Binance, Affects Filipino Crypto Users

Bitcoin World 11 Apr 2024
Philippines SEC bans Binance, sparking worry among Filipino crypto investors ... See Also. Paraguay’s Proposed Crypto Mining Ban Could Cost It $200m A Year ... Disclaimer. The information provided is not trading advice ... #Binance #WRITE2EARN ....

Crypto Scammers Target Etherscan Users with Massive Phishing Ads

Bitcoin World 11 Apr 2024
Crypto scammers have doubled down on massive phishing ads on the Ethereum browser Etherscan. Keen observers warned users to be wary of the ads ... See Also. Paraguay’s Proposed Crypto Mining Ban Could Cost It $200m A Year ... url. hxxps.//aps.bifi-yleldxyz/.

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