Bitcoin Mining Not Causing Any Energy Issues, Says Paraguay Power
0Crypto Mining
Latin America
Miners currently using over 700 MW, with an expansion up to 1,000 MW planned by end of 2025.
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Tim Alper
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Tim Alper
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Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
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Bitcoin mining operators are putting less of a strain on Paraguay’s power grid than engineers initially feared, the nation’s power provider says.
Per the Spanish-language news outlet Criptonoticias, the comments came from Félix Sosa, the President of the National Electricity Administration (ANDE).
Speaking at a recent blockchain technology-related conference, the power chief said that crypto mining in Paraguay does not affect the population’s electricity supply.
Bitcoin Mining: Paraguay Expansion Planned.
Sosa explained that BTC and crypto miners’ operations in Paraguay require just over 700 MW of energy.
But the ANDE chief said that miners are required to operate in designated areas of the country.
This ensures they do not put strains on areas that might otherwise experience power shortages.
Sosa said that projected crypto mining-related electricity consumption for 2025 would be equivalent to the output of just one and a half turbines of the Itaipú Dam.
Itaipú: Playing a Key...
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