Bitcoin mining has taken a lot of heat for being harmful to the environment since it requires massive amounts of electricity to generate the invisible currency.
The announcement from Paraguay comes days after El Salvador announced plans to accept Bitcoin as legal tender. Large mining farms in China have been forced to consider alternatives after the country’s recent crackdowns. Cooler countries will be preferred for crypto mining. South American country Paraguay has become the second country to consider regulations that will be favourable towards the .
The announcement from Paraguay comes days after El Salvador announced plans to accept Bitcoin as legal tender. Large mining farms in China have been forced