#ande News & Analysis

2 articles tagged with #ande. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

CryptoBullishBitcoinist · Mar 47/103

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Paraguay Plans First State-Run Bitcoin Mining Project

Paraguay's state power utility ANDE has signed a memorandum of understanding with crypto infrastructure firm Morphware to explore Bitcoin mining as a national-level opportunity. This represents a significant shift from Paraguay merely hosting private miners to potentially launching the country's first state-run Bitcoin mining project tied to national energy and digital infrastructure strategy.

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CryptoBullishNewsBTC · Mar 57/10

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From Contraband to Cash Flow? Paraguay To Mine Bitcoin With 30,000 Seized Rigs

Paraguay's state electricity company ANDE has partnered with Morphware to launch a government-run Bitcoin mining operation using 30,000 seized mining rigs and surplus hydroelectric power. This makes Paraguay the latest nation-state to enter Bitcoin mining, joining El Salvador and Bhutan in using domestic energy resources for state-controlled cryptocurrency operations.

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