Canadian Crypto Miner Pow.re Lands 100 MW Contract in Paraguay

Paraguay, in the center of South America, has abundant, cheap hydroelectricity from one of the largest dams in the world, Itaipu, which it shares with Brazil. However, as crypto miners have flocked to the country in search of cheap power, conflict with ANDE has been brewing. The utility claims the industry is taking advantage of the resource without greatly contributing to the local economy. Another key issue is the absence of infrastructure to make the electricity available for use.