๐๐ฐParaguay's National Electricity Administration (ANDE) has seized a property with 2,738 crypto mining units, after detecting an illegal power connection. The energy theft was worth a whopping 1.1 billion guarani ($146,000) per month! ANDE used AI and power distribution analysis to catch the culprits. ๐ต๏ธโโ๏ธ
Paraguay, once a crypto mining paradise thanks to its abundant hydropower, is now under scrutiny. A bill threatening to ban crypto mining is looming, pending comprehensive legislation and power supply assurances. ๐ซโ๏ธ
Despite the veto of a crypto bill by the former president, major mining facilities continue to operate. But will they survive the potential ban? Let's discuss below! ๐ #CryptoNews #ParaguayMining
