A review of Binance P2P advertisements on Nov. 5 found a median buying price of 6,399 guaraníes for $USDT, about 4% above …
Paraguay
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In brief Protesters in Asunción forced former presidential candidate Payo Cubas out of a march outside Ueno Bank headquarters on Thursday night. …
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Scams
Bitcoin Fixes This? Paraguay President Resigns After Bank Lockout Hits 60% of Country
by shayaanby shayaanIn brief Paraguayan President Santiago Peña announced his resignation after Ueno Bank’s collapse cut off nearly three million customers. Regulators found Ueno’s …
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Key Takeaways Bitcoin mining uses 30% of Paraguay’s power, sparking warnings of a major energy crisis by 2029. Stagnant power generation and …
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Mining
Columbia University study validates HIVE Digital’s Paraguay GPU performance
by shayaanby shayaanA research project run by Columbia University professors on GPU servers located more than 5,000 miles away in Paraguay has produced a …
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Mining
Paraguay Convicts Two Bitcoin Miners to Jail Sentences for Large-Scale Energy Theft
by shayaanby shayaanKey Takeaways ANDE won a case on June 19 against two bitcoin miners, hardening the posture against illegal theft. The court suspended …
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Mining
Hive Digital launches its first GPU cluster on renewable energy in Paraguay
by shayaanby shayaanHive Digital, one of the leading companies for sustainable digital infrastructure, announced its first live GPU compute nodes added to the BUZZ …
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ANDE, the state power company, has partnered with Morphware, an artificial intelligence (AI) and mining tech company, to start a pilot program …
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Paraguay Exploring Using Seized Miners for State-Run Bitcoin Operation Paraguay’s state-owned electricity monopoly, Administración Nacional de Electricidad (ANDE), has signed a Memorandum …
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Mining
Hive Digital’s Paraguay Purchase to Quadruple Bitcoin Mining Capacity by Late 2025
by shayaanby shayaanHive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its …