Gadgets Magazine

Paraguay Stretches Bitcoin Mining Support To Boost Economic Growth

Posted on the 10 June 2024 by Techloot @tech_loot

Paraguay has taken the initiative to sell surplus hydro-energy to Bitcoin miners, boosting economic growth while balancing the need for regulatory oversight to effectively manage the sector. Paraguay has made a significant step in leveraging its abundant hydro-energy resources to support Bitcoin mining, aligning this move with its broader economic development strategy. The country’s decision to...


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