Paraguay Takes Sudden Action: Nationwide Mining Sites to Be Fully Investigated Within 15 Days

2025-12-05 13:08:18

[Bitpush] Paraguay is getting serious this time.

On December 4, the country’s Chamber of Deputies passed two resolutions targeting cryptocurrency mining. Led by legislator María Constancia Benítez, the goal is clear—to thoroughly investigate the rapidly expanding mining farms.

Regulators have set themselves a 15-day deadline. The Ministry of Industry and Commerce must submit a list of all registered miners, both individuals and businesses; the National Electricity Administration (ANDE) is going even further and must provide the address of every authorized mining operation, with the names of those responsible clearly listed.

Why such strict oversight? The data speaks for itself. Hashrate Index shows Paraguay now controls about 3.9% of the world’s hash rate, ranking fourth globally, behind only the US, Russia, and China. Thanks to surplus hydropower, this small South American country has become a hotspot for miners.

The energy advantage has drawn a large number of mining farms, and now the government is starting to take stock.

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SelfStaking

· 6h ago

Paraguay is really going to conduct a thorough investigation this time, with a complete assessment in 15 days... This pace is pretty intense.

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LightningPacketLoss

· 12-05 13:35

Is Paraguay going to audit the mining farms? They’re going to get all the details in 15 days—regulation is pretty strict. Those gray-area mining farms better watch out. --- 3.9% of the global hash rate, ranking fourth worldwide? South America really has been mined out; with cheap hydroelectric power, everyone wants a piece. --- They're starting inspections again. Every time this happens, miners have to relocate—the efficiency is really low. --- They won't be able to hold onto that fourth place in hash rate; once policies tighten, people are definitely going to leave. --- How much longer can South America's hydroelectric power advantage last? Feels like the whole world is clamping down on miners.

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BearMarketSurvivor

· 12-05 13:25

15 days to get to the bottom of it? Paraguay is really ruthless with this move; miners must be panicking.

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MEVHunterLucky

· 12-05 13:18

Is Paraguay trying to expose all the mining operators? A 15-day investigation—feels like a crackdown is about to start.

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LiquidatedThrice

· 12-05 13:14

Get all the details of every mining farm within 15 days—Paraguay is really playing hardball here. --- Here comes regulation again. What exactly is South America trying to do? --- 3.9% of the global hashrate ranks fourth in the world? Even small countries with small populations can make it big. --- Surplus electricity has become a hot commodity, no wonder they're investigating... This is really interesting. --- A full registration list plus mining addresses—are they trying to drive people out or just tax them? --- Paraguay suddenly turns hostile; miners must be trembling now. --- Using hydropower for mining—now governments everywhere can't sit still anymore.

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