June 20, 2024

Rise To Thrive

Investing guide, latest news & videos!

Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining

1 min read
Paraguay Proposes Harsh Penalties for Illegal Bitcoin Mining
Paraguay Proposes Harsh Penalties for Illegal Bitcoin MiningThe Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin miners, in response to the large amounts of electricity theft threatening the state-owned National Electricity Administration (ANDE). The bill includes provisions for Paraguayan police and prosecutors to seize and sell off mining equipment […]