Paraguay
Bitcoin Countries
Paraguay has attracted significant Bitcoin mining investment due to its abundant and cheap hydroelectric electricity from the Itaipu and Yacyretá dams. The country generates far more electricity than it consumes domestically, making it one of the lowest-cost electricity markets in the world. Multiple large-scale Bitcoin mining operations have established facilities in Paraguay, drawn by sub-$0.03/kWh electricity rates.
Details
- Status
- mining_hub
- Notable
- Major Bitcoin mining hub with sub-$0.03/kWh hydroelectric power from Itaipu dam
- Energy Source
- hydroelectric
Links
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