Bitcoin Miners Flock to Paraguay as Country Weighs Its Social Development Options12.96

Paraguay’s Itaipú Dam, one of the largest hydroelectric facilities in the world, is supporting bitcoin and ethereum mining in a city on the country’s border with Brazil and Argentina. These efforts have already spawned a number of new cryptocurrency businesses, creating multiple millionaires, but an ongoing reassessment of the dam’s developmental potential could spell boom or bye for the miners that have been flocking to the city.

Also Read: GMO Internet Sees Huge Leap in BCH Mining For October,

Original source
https://news.bitcoin.com/paraguay-emerges-as-popular-bitcoin-mining-destination/

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