Markets· ★★· neutral·

Paraguay dismantles illegal Bitcoin mining farm in Ciudad del Este

  • 25 miners seized, some MicroBT WhatsMiner M30S++ at $1,049 each
  • The farm operated without an electricity meter and consumption controls
  • Damage from electricity theft estimated at 145,000 guaraní
  • Electricity theft carries a prison sentence of up to 10 years
Why it matters: It continues a series of raids against illegal mining in Latin America, increasing pressure on the industry's shadow segment.
Source: Livecoins