Home » Bitfury Group to Launch Bitcoin Mining Centers in Paraguay

Bitfury Group to Launch Bitcoin Mining Centers in Paraguay

The Bitfury Group has teamed up with South Korean R&D group, Commons Foundation to launch Bitcoin mining centers in Paraguay, South America.
news - Bitfury Group to Launch Bitcoin Mining Centers in Paraguay

The Bitfury Group has teamed up with South Korean R&D group, Commons Foundation to launch Bitcoin mining centers in Paraguay, South America. 

This step is part of Commons Foundation’s project named “Golden Goose” backed by the Government of Paraguay. The project is aimed for creation the world’s largest crypto mining center with ample cheap and clean electricity for supplying the country. 

Currently, Paraguay utilizes only half of the electricity produced by the two plants and is exploring “creative ways to use emerging technologies, like blockchain and cryptocurrencies, to benefit their economy and their citizens.” 

JOIN TO OUR TELEGRAM CHANNEL

ALL THE LATEST BREAKING NEWS ON TELEGRAM

Join to our Telegram channel HYIP.com to be always up-to-date with the latest news of the cryptocurrency space.

Commons Foundation is also planning to launch a cryptocurrency exchange in Paraguay later this year. The platform will integrate Bitfury’s compliance analytics platform Crystal, according to the announcement.

Bitfury, which specializes in manufacturing crypto mining infrastructure, is reportedly considering an IPO in London, Amsterdam, or Hong Kong, possibly to be held early this year.

(Visited 1 times, 1 visits today)

Have your say!

0 0

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.

Sign Up