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3232Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%
https://www.digit.info/paraguayan-bitcoin-mining-companies-hurt-by-power-rate-hikes-of-over-50/
Fri, 27 Jan 2023 08:04:54 +0000https://www.digit.info/2023/01/27/paraguayan-bitcoin-mining-companies-hurt-by-power-rate-hikes-of-over-50/Read more]]>Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting an unprofitable business in Paraguay. […]
]]>Paraguayan Senate Approves Cryptocurrency Bill
https://www.digit.info/paraguayan-senate-approves-cryptocurrency-bill/
Sun, 17 Jul 2022 22:00:13 +0000https://www.digit.info/2022/07/17/paraguayan-senate-approves-cryptocurrency-bill/Read more]]>The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in the cryptocurrency and crypto mining sectors. Paraguayan Cryptocurrency Bill Passes Senate […]