Paraguay dismantles Bitcoin mining farm and seizes 100 pieces of equipment
Officials from the Anti-Narcotics Department of the Paraguayan National Police carried out an operation in the city of Pedro Juan Caballero, capital of the department of Amambay, where they seized more than 100 ASIC Bitcoin miners and detained two individuals. The raid took place in the Jardín Aurora neighborhood.
The operation took place after a surveillance that confirmed illegal Bitcoin mining activities in a specific home. With a court order in hand, the agents entered the premises and found 114 devices intended for digital mining, according to reports from the local press.
Prosecutor José Luis Torres, in charge of the operation, ordered the immediate seizure of the machines and the arrest of Sergio Reinaldo Cano Oliveira, 41, and Raúl Benítez Cano, 33. Both were taken to a local police station, where they remained in judicial custody.
Paraguayan authorities have intensified their fight against illegal Bitcoin mining, with more than 10,000 ASIC equipment and transformers seized in recent operations. This mining is considered illegal because, according to Paraguayan laws, it requires permits and the payment of electricity rates that clandestine operations evade. This, according to the authorities, affects the electricity supply and generates significant economic losses.
In parallel, Paraguay is known for its legal Bitcoin mining, where companies pay authorities for the use of energy. Although a recent 16% increase in electricity rates has caused some of these companies to leave the country, reflecting the economic pressure on the sector, as reported by CriptoNoticias.
In related incidents, this media recently reported a case where an attempted seizure of Bitcoin miners ended in a shooting.
This article was created using artificial intelligence and edited by a human Editor.