Sosa said that cryptocurrency mining in Paraguay demands more than 700 MW of energy.
According to the president of the ANDE, the sector operates in exclusive areas within the country.
Within the framework of Paraguay Blockchain Summit 2025, the president of the National Electricity Administration (ANDE), Félix Sosa, said that cryptocurrency mining in Paraguay does not affect the electricity supply of the population.
During the event, organized by the Paraguayan Chamber of Fintech and Cryptopy in Asunción, Sosa explained that The projected consumption for this year will be equivalent to just a turbine and a half of the Itaipu dam.
The Itaipu dam, one of the world’s largest hydroelectric plants, is key to cryptocurrency mining in Paraguay, by providing abundant, renewable and economic energy. This allows the country to offer competitive rates, attracting miners that require high energy consumption for their operations.
In fact, the head of the Ande declared that Paraguay has a regulatory model that limits cryptocurrency mining to specific areas designated by the agency, with exclusive electricity lines for these projects.
This model, covered by Decree No. 7824/22, integrates the so -called special intensive consumption group, which covers data centers, digital asset mining and projects related to them, with differentiated rates according to the level of electrical voltage: 23 kV (medium voltage), 66 kV (high voltage) and 220 kV (very high voltage).
In addition, Sosa stressed that the Ande seeks to balance technological innovation with the protection of the electricity supply. “Our priority is responsible for energy, according to the ability of the national system,” he said, highlighting the institution’s commitment to sustainability.
Paraguay Blockchain Summit was also suitable for analyzing international cases, such as those of El Salvador and Brazil, underlining the importance of identifying authentic projects against fraudulent schemes. For its part, the Vice Minister the Investment and Export Network (Rediex), Javier Viveros, distinguished The government’s commitment to accompany this series of technological changes, which have been developing in recent years.
As for figures, the engineer Sosa said The energy demand for cryptocurrency mining in Paraguay exceeds 700 MWand it is expected to reach 1,000 MW at the end of 2025, which could generate approximate revenues of 240 million dollars for ANDE.
However, specialists such as Engineer Axel Benítez pointed out that, according to data from 2024, the real consumption invoiced to cryptomineras was only 255.5 MW, a figure much lower than that announced, which generates doubts about possible future tariff adjustments.
«If you plan to move from 700 to 1,000 megawatts in this 2025 and that is collected 240 million dollars, doing a simple mathematical year is a rate of $ 80 per megavatio hour, almost twice as much as it currently costs the rate for crypto. So, that implies that a tariff is coming or, otherwise, they do not know how to use the calculator, ”said Benítez.
Beyond the debate of the economic and energy effects of Bitcoin mining and other cryptoactives in Paraguay, Social costs are also exhibited. According to Cryptonoticias, in neighborhoods such as Santa Lucía, in Villarrica, the neighbors have denounced the constant noise of the fans and equipment of the mining farm, which has affected the mental health and quality of life of families.
Thus, those affected have stated that the constant buzzing of the equipment has caused stress, sleep disorders and even crisis in children with special needs. Although Paraguay offers abundant energy and competitive rates that attract millionaire investments, the rapid expansion of the sector has generated local tensions and questions about the regulation and real impact of these operations in the nearby communities.
