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Paraguay, Argentina Are ‘Targets for Crypto Miners’, May Provide Green Bitcoin Solution
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“Several companies” are eyeing Latin America – and countries like Argentina and Paraguay in particular – as they look to create new bases for Bitcoin (BTC) and altcoin mining operations.
Per Infobae and La Nacion, other firms are looking to follow in the footsteps of the Chinese company Future Fintech that last week “announced formal plans to build a Bitcoin mining facility in Paraguay.”
Earlier this year, a number of media outlets in the country reported that at least eight “Chinese groups” were “interested in” setting up shop in Paraguay “with their teams.” That interest, the media outlets hinted, has not gone away and may even have intensified.
Paraguay has long been on the map for crypto miners, and certain politicians in the country due
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