News That Hurts Cryptocurrency Miners in Paraguay

In Paraguay, the lower house of parliament has rejected a bill that could benefit cryptocurrency miners.

Paraguayan government imposed on cryptocurrency miners imposing an upper limit on the electricity tariff rejected the proposed bill.

With this bill, it was planned to introduce some regulations for crypto currency mining. Design Approved by Senate in July gamebut later veto by the head of state had been

The bill was put to the vote again after some changes were made. However, for the bill to be passed While 41 votes were required, only 36 votes were collected..

Home to one of the largest dams in the world, Paraguay also has one of the cheapest electricity tariffs in the world. With the bill passed by the parliament The ability to increase the current tariff applied to cryptocurrency miners by up to 15% was recommended.

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