Authorities in Paraguay dismantled two illegal cryptocurrency mining operations in Alto Paraná within a single week, seizing a total of 35 mining machines. In the Sept. 17 raid, officials found a mining site drawing electricity through an unmetered connection. That operation led to the seizure of 10 ASIC miners, while associated charges and fines were reported at about $30,000. A separate enforcement action on Sept. 12 resulted in the confiscation of another 25 mining machines. Separately, Paraguay’s Chamber of Deputies has passed a resolution requesting that the national power authority provide a report on electricity consumption by the crypto mining sector, the power rates applied to the industry, and the current state of regulatory oversight. The developments point to tighter scrutiny of mining-related power use in the country, particularly in Alto Paraná, where enforcement actions have now targeted multiple unauthorized facilities in a short span of time.
Authorities in Paraguay raided two illegal cryptocurrency mining sites in Alto Paraná within one week and seized 35 mining rigs in total.
In one of the operations, carried out on Sept. 17, officials found a mining farm using electricity illegally through a line with no installed meter. Authorities seized 10 ASIC mining machines, and the related charges and fines totaled about $30,000.
In another operation on Sept. 12, authorities confiscated 25 mining machines.
Separately, Paraguay’s Chamber of Deputies has approved a resolution asking the National Electricity Administration to submit a report covering electricity consumption by the crypto mining industry, power tariffs, and the current state of supervision over the sector.
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