Daniel Batten13d agoJUST IN: Paraguay has just followed the lead of Bhutan, using wasted hydro energy to mine Bitcoin, for a likely National Bitcoin Reserve.
"Reports indicate mined Bitcoin will likely be held as a state asset or the national treasury, potentially used to fund infrastructure"
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Moist13d agoParaguay had major electricity supply issues previously. power is very cheap so lots of miners setup thete and fried the grid
I suspect its more about shutting down the private miners and basically nationalizing it
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