Paraguay’s Itaipú Dam, one of the largest hydroelectric facilities in the world, is supporting bitcoin and ethereum mining in a city on the country’s border with Brazil and Argentina. These efforts have already spawned a number of new cryptocurrency businesses, creating multiple millionaires, but an ongoing reassessment of the dam’s developmental potential could spell boom or bye for the miners that have been flocking to the city. Also Read: GMO Internet Sees Huge Leap in BCH Mining For October, Cheap, Clean Power Across Ciudad del Este, cheap and abundant electricity from the Itaipú Dam…
Paraguay Emerges as Popular Bitcoin Mining Destination, Weighs its Developmental Options
