🇵🇾 Paraguay is exploring the launch of a Bitcoin reserve.
_Ram
Updated at: 3 hours ago
{"content":"🇵🇾 Paraguay is exploring the launch of a Bitcoin reserve.
The country produces three times more electricity than it consumes and plans to direct the surplus to BTC mining.
A 2024 study by Senator Salyn Buzarquis and a conference scheduled for September 15-16, 2025, in Asunción will evaluate the plan, gathering experts to discuss sustainable mining and Bitcoin’s potential in financial systems.
One model is Bhutan, which holds 13,000 Bitcoin generated from hydropower.
HIVE Digital’s Yguazú project already produces 8.5 Bitcoin per day using Itaipú’s hydroelectric energy.
However, Paraguay currently faces regulatory uncertainty and lacks legal tender status for cryptocurrencies.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/06/2cc72e579dbb4785864c74d910cc2b0d.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}