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News related to Crypto / Re: Paraguayan Senate Supports Selling Power to Crypto Mining Companies, Criticizes
« on: April 17, 2024, 04:28:57 PM »
This is a good move on the part of the Paraguayan Senate as the country should look for its own economic interest and must go for something that can give the country and power providers more leeway for possible profits. Why would power be sold to another country for a lower rate when there is a good, lucrative alternative, the crypto mining operators? As power is always the main contention when it comes to crypto mining, I am happy to see Paraguay is now very much open to this business and I know that the country is in the right direction as this can open more opportunities for its people not just with these mining companies but also that possibility of opening the country for other crypto-related fintech companies to also come in and do business with the country as its base in the North America market.