Foreign media: As many as eight Chinese Bitcoin mining companies are looking to move operations to Paraguay
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On July 30, it was reported that as many as eight Chinese Bitcoin mining companies are seeking to relocate their operations to Paraguay. It is estimated that this migration could last for several years and could eventually install up to 500,000 mining machines. Juanjo Benítez Rickmann, CEO of Paraguayan mining company Digital Assets SA, said one of the companies is installing 90,000 bitcoin mining equipment. In addition, other unnamed companies have contacted Paraguayan miners. |
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