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Proposed Ban on Bitcoin Mining May Lead to $200M

Paraguay to reconsider Bitcoin mining ban, mulls - Cointelegraph

Breaking: Paraguay’s Senate Shifts Gears on Bitcoin Mining Ban

Paraguay

Paraguay Re-Evaluates Proposed Ban on Bitcoin Mining

Paraguay’s legislators are rethinking a proposed ban on Bitcoin mining, now eyeing the sale of surplus energy from the Itaipu hydropower plant to miners. The Senate is

Paraguay is on the brink of potentially losing over $200 million annually if its lawmakers move forward with a proposal to ban cryptocurrency mining.

Lawmakers Introduced The Draft Bill

Paraguay’s stance on cryptocurrency mining has taken a noteworthy turn as senators pause to reconsider a proposed blanket ban. In a strategic move, officials are

Paraguay’s proposed Bitcoin mining ban could cost $200M a year

Lawmakers introduced the draft bill on April 4, claiming illegal cryptocurrency mines steal power and disrupt the country’s electricity supply. If passed, the ban would last

Paraguayan Senators Have Halted Progress

Proposed Bitcoin Mining Ban Could Cost Paraguay $200M Annually

Proposed Legislation in Paraguay Could Pause Bitcoin

Paraguayan senators have halted progress on the proposed cryptocurrency mining ban introduced last week, with officials now considering the benefits of selling excess