Bitfury and Commons Foundation Partner to Launch Bitcoin (BTC) Mining Operations in Paraguay

Back in late November, Ethereum World News notified its readers of plans by the Commons Foundation to build the largest Bitcoin (BTC) mining farm in the world. Known as ‘the Golden Goose’ initiative, the project is meant to expand cryptocurrency and blockchain innovation in Spanish-speaking countries with its first project in Paraguay.

Paraguay guaranteed a 15 year stable electricity price for the mining operations. The contract signed also provided approximately 50,000 square meters for five mining centers near Itaipu Hydroelectric Power Plant, the world’s second largest clean energy plant after the Three Gorges Dam in China.

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