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Home»Mining»Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations
Mining

Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations

April 5, 2024No Comments1 Min Read
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A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations in Paraguay for 180 days or until the industry’s activities are properly regulated. The bill alleges that 28% of the energy losses of the National Power Administration (ANDE) correspond, in part, to illegal bitcoin mining […]

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See also  Bitcoin miners face deep losses as hash price hits record low
bill Bitcoin introduce Lawmakers mining operations Paraguayan plug pull temporarily
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