Latest News for: Paraguay mining

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Paraguay weighs natural gas drilling in Médanos del Chaco National Park

Mongabay 23 Mar 2023
Paraguay is considering opening up mining and natural gas drilling in one of its national parks in the Gran Chaco, despite widespread outcry that development could compromise the fragile savannah ecosystem ... “There’s going to be exploitation ... “It also leaves the door open for other companies to come in.
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Bitfarms Reports Fourth Quarter and Full Year 2022 Results

Eagle-Tribune 21 Mar 2023
Q4 2022 and Recent 2023 Operating HighlightsReached 4.7 EH/s online in early 2023.Surpassed 20,000 BTC mined with renewable hydropower since 2017 founding.Completed construction of the first 50 MW warehouse in Rio Cuarto, Argentina.In Sherbrooke, Quebec.Completed the Garlock ...
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Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

Bitcoin 22 Feb 2023
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index ... Paraguay Has All the Elements to Become a Bitcoin Mining Power in Latam, According to Insight Group.
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Paraguay could be the next big thing in Bitcoin mining despite political opposition

Cryptopolitan 22 Feb 2023
Paraguay, a country relatively unknown for its connections to cryptocurrency, is now beingas a top destination in Latin America for Bitcoin miners ... As such, Paraguay may soon become a crypto powerhouse in Latin America ... According to Hashrate Index, there are two major disadvantages to choosing Paraguay as a bitcoin mining destination.
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Future Fintech Group Opens Paraguay-Based Crypto Mining Farm

LB News 07 Feb 2023
Future Fintech Group Gives Way to Paraguay Crypto Mining Facility ... I am very pleased that our FTFT Paraguay cryptocurrency mining farm has successfully deployed its first batch of mining machines ... One of the big clinchers of the mining facility – and of crypto mining in Paraguay – is that hydroelectricity is used to power the machines.
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Chile battles deadliest wildfires on record as heatwave grips

Press TV 07 Feb 2023
Between Sunday and Monday, aid arrived in Chile from Argentina, Spain and Mexico, while the authorities said they expected to receive new support from Brazil, Colombia, Paraguay, Peru, Portugal and Venezuela. The fires have not affected the mining industry in the world's top ...
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Chile firefighters battle blazes as amid warning that wildfires could get worse

The Observer 06 Feb 2023
Between Sunday and Monday, aid arrived in Chile from Argentina, Spain and Mexico, while the authorities said they expected to receive new support from Brazil, Colombia, Paraguay, Peru, Portugal and Venezuela. The fires have not affected the mining industry in the world’s top ...
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Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

Bitcoin 27 Jan 2023
According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting an unprofitable business in Paraguay ... Paraguay’s decision to increase fees for bitcoin mining, a clean industry, while attracting high-emissions industries with low fees, is questionable.
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Future FinTech Announces Paraguayan Cryptocurrency Mining Farm is Operational

Victoria Advocate 17 Jan 2023
On December 30, 2022, the first batch of Antminer S19 series mining machines hosted by FTFT Paraguay on its mining farm for its customers completed their power-on tests and were officially put into operation ... farm has successfully deployed its first batch of mining machines.
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Bitfarms Seeks Modification of Equipment Loan Facility to Align with Market Conditions

Eagle-Tribune 13 Jan 2023
BITF), a global Bitcoin self-mining company, is working to modify and reduce indebtedness at one of its wholly-owned corporate subsidiaries ... On February 18, 2022, Bitfarms’ Backbone Mining Solutions, Inc ... BMS owns and operates the assets of Bitfarms’ 20-megawatt active crypto mining facility in the State of Washington.
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Bitfarms to Present at the25th Annual Needham Growth Conference

Eagle-Tribune 04 Jan 2023
BITF), a global Bitcoin self-mining company, announced today that management will be presenting at the 25th Annual Needham Growth Conference on Thursday, January 12th, at 9.30 AM ET.Event ... BITF) Bitcoin self-mining company ... Bitfarms has 10 mining facilities around the world, which are housed in four countries.
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Bitfarms Promotes Geoffrey Morphy to Chief Executive Officer

Messenger-Inquirer 29 Dec 2022
BITF), a global Bitcoin self-mining company, promoted President and Chief Operating Officer Geoffrey Morphy to the position of President and Chief Executive Officer effective immediately ... BITF) Bitcoin self-mining company ... Bitfarms has 10 mining facilities in production, which are housed in four countries.
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Prefigurative Societies in Movement

Resilience 21 Dec 2022
There were neighbourhood organizations and community groups; people from the south who were fighting a mining project; and the assembly from la Rioja; there were indigenous from Chaco, Paraguay and Brazil who are also fighting against genetically modified soy; there were many from Uruguay and even Central America.
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Hebany Group eyes major expansion

Gulf News 20 Dec 2022
After having firmly entrenched itself in the Spanish market Hebany Group is looking for major expansion in MENA region due to huge demands and higher returns ... Elaborating her company specializes in plethora of sectors, she further stated ... We plan to buy mines in Chile, mines in Zambia, and dedicate ourselves to mineral exploration in Paraguay ... .
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Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay

CoinDesk 14 Dec 2022
LatAm was touted as a promise land for miners just last month, but a crypto mining-friedly bill in Paraguay was shot down last week ... .

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A woman dressed in Turkmen national dress casts her ballot at a polling station during presidential elections in Ashgabat, Turkmenistan, Saturday, March 12, 2022.
AP / Alexander Vershinin
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