Paraguay Warns About Growth of Illegal Bitcoin Mining Operations and Effect on Power Stability…

Bitcoin.com | Oct 31, 2022 at 2:30 PM
  • The growth of illegal bitcoin mining operations could affect the stability of the power system in Paraguay.
  • ANDE, the National Power Administration, declared on Oct. 28 that the recent boom in bitcoin mining has caused power consumption for the department of Alto Parana to grow immensely.
  • Technical director of the ANDE organization, this has prompted the group to step up vigilance in the zone, ramping up supervision operations to detect covert connections on the border with Brazil.