Latest News for: Paraguay mining

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Bitfarms Mined 431 BTC in May, Now Holds $192 Million In Bitcoin

Bitcoin Magazine 01 Jun 2022
Bitfarms, a publicly traded miner, released its bitcoin mining update showing 431 BTC mined with 6,075 BTC ($192 million) held in custody.Bitfarms released a mining and production update for May 2022. The company mined a total of 431 BTC valued at $16.6 million and deposited 429 BTC into custody (99%).
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Paraguay passes bill seeking to regulate cryptocurrencies

Inside Bitcoins 30 May 2022
Paraguay has become the next country in the region to support a bill fostering the use of digital assets. Crypto activities in Paraguay have grown significantly over the past year. The country now ranks as one of the most sought-after locations for cryptocurrency mining. Paraguay passes crypto bill.
photo: Creative Commons
Bitcoin - Cryptocurrency.
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Paraguay Approves Crypto Regulation Bill Via 40-12 Vote

Bitcoinist 29 May 2022
Due to its inexpensive electricity and “crypto-friendly” environment, Paraguay has historically been viewed as a mining haven for cryptocurrency mining operations ... Binance Gets Clearance To Operate In Italy After 2021 Ban Paraguay Advances Crypto Bill In Majority Vote ... Bill Seeks To Make Paraguay A Crypto Mining Hub.
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Chamber of Representatives in Paraguay Advances Crypto Bill

Bitcoin 27 May 2022
The bill, which contains definitions and rules for cryptocurrency mining, one of the hot topics in Paraguay due to the cheap electricity costs, will be passed to the Senate to be discussed. Paraguay Advances Crypto Bill ... This is the case of Paraguay, a country that has been ...
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Paraguay’s crypto industry regulation advances, despite pushback from central bank

The Block 27 May 2022
Paraguay’s Chamber of Deputies approved the advancement of a crypto regulation bill to the Senate this week, despite pushback from the country’s central bank ... The project will now return to Paraguay’s senate for further consideration ... This would include licensing and supervising crypto mining companies operating in Paraguay.
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Paraguay Sets Framework to Regulate Crypto Trading and Mining

FX Empire 26 May 2022
Paraguay’s Chamber of Deputies approved a bill regulating crypto mining and trading. The bill aims to make Paraguay an international hub for miners ... Regulating Crypto Trading and Mining. On Wednesday, Paraguay’s Chamber of Deputies (second chamber of Congress) approved a bill regulating crypto mining and trading with a 40-12 vote.
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Paraguay’s crypto mining and trading bill advanced

Cryptopolitan 26 May 2022
The Chamber of Deputies of Paraguay passed legislation governing crypto mining and trading by 40-12 on Wednesday ... Paraguay set a procedure for mining. If Paraguay passes the bill into law, both individual and corporate miners will need to follow a procedure before mining.
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After El Salvador and the Central African Republic, Paraguay Advances in its Crypto Regulation

Crypto Economy 26 May 2022
In a recent development, the second chamber of Congress of Paraguay approved a bill for regulating cryptocurrency mining and trading ... Paraguay Moves on Track to Accept Bitcoin ... He argued that the job opportunities provided by the mining industry are less compared to the increase in Paraguay’s energy consumption.
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Golden Arrow options Mogote project to Syndicate Minerals, Argentina

Resource World 13 May 2022
Golden Arrow Resources Corp ... Golden Arrow is actively exploring a portfolio that includes an epithermal gold project in Argentina, a district-scale frontier gold opportunity in Paraguay, a base-metal project in the heart of a leading mining district in Chile and more than 180,000 hectares of properties in Argentina ... ....
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Debate Over Crypto Mining's Potential Environmental Impacts Receives Strong Rebuttals

Victoria Advocate 10 May 2022
Last year China banned crypto mining, forcing several operations to move to various regions each with methods to keep their environmental impacts low ... Global Bitcoin self-mining company, Bitfarms (NASDAQ.BITF) is running vertically integrated mining operations across Quebec, Canada, Washington state, and one in Paraguay.
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BitFarms: mining from the inside

Invezz 06 May 2022
Invezz went on a trip to one of BitFarms’ mining facilities in Quebec, Canada, and spoke with Ben Gagnon, Chief Mining Officer at BitFarms, to find out more. Mining for gold ... New wave mining ... and Paraguay, announced last year that it earns an average of $650,000 a day mining crypto, and the company keeps most of the Bitcoins it mines.
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Bitcoin As Legal Tender? These Countries Are Next After El Salvador and CAR, Says deVere ...

The Daily Hodl 30 Apr 2022
One now already has done so ... “In Latin and Central America, it could potentially be Paraguay or Mexico next. A Paraguayan bill moving to regulate the trading and mining of Bitcoin and cryptocurrencies in the country passed the Senate in December, which is widely being regarded as the first step to making Bitcoin legal tender ... The CEO concludes,.
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Central African Republic first on continent to adopt Bitcoin as official currency

Independent online (SA) 28 Apr 2022
One now already has done so ... He continues ... “In Latin and Central America, it could potentially be Paraguay or Mexico next. “A Paraguayan bill moving to regulate the trading and mining of Bitcoin and cryptocurrencies in the country passed the Senate in December, which is widely being regarded as the first step to making Bitcoin legal tender ... Green said.
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Which African and Latin American countries could be next to adopt Bitcoin as legal tender?

Independent online (SA) 28 Apr 2022
dollar ... One now already has done so ... In Latin and Central America, it could potentially be Paraguay or Mexico next.”. “A Paraguayan bill moving to regulate the trading and mining of Bitcoin and cryptocurrencies in the country passed the Senate in December, which is widely being regarded as the first step to making Bitcoin legal tender ... A stronger U.S.
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Golden Arrow Initiates Diamond Drilling Program at Libanesa Silver-Gold Project in Argentina and Provides Exploration Update

Resource World 24 Mar 2022
Golden Arrow is actively exploring a portfolio that includes an epithermal gold project in Argentina, a districtscale frontier gold opportunity in Paraguay, a base-metal project in the heart of a leading mining district in Chile and more than 180,000 hectares of properties in Argentina.

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