Paraguay’s National Electricity Administration has successfully seized 693 illegal Bitcoin mining machines in Hernandarias. This operation was made possible through the use of Supervisory Control and Data Acquisition (SCADA) systems, which detected irregularities in power consumption. The tampered electric meters used by the operators failed to record the actual energy usage, leading to estimated monthly losses of $60,000 for ANDE. The mining facility, which utilized a 4,000 KVA transformer, was found to be recording only a fraction of its true energy load.
The Paraguayan government is actively cracking down on illegal Bitcoin mining operations that siphon electricity from the national grid, often bypassing or tampering with meters. These operations not only pose a threat to the integrity of the power infrastructure but also result in significant financial losses for the state.
The ongoing efforts to dismantle illegal mining operations align with Paraguay’s broader initiative to safeguard its electrical services and prevent further financial damage to its energy sector. Recent legislation passed by the Senate reinforces the government’s stance on this issue, ensuring that illegal activities related to energy theft are met with severe consequences.
Bitcoin Versus is not a financial advisor. This media platform reports on financial subjects purely for educational and entertainment purposes only. Do your own due diligence and contact a professional financial advisor for any advice on how to invest your money.

Leave a comment