Paraguay’s ANDE has partnered with Morphware to launch the country’s first government-led Bitcoin mining operation, utilizing 1,500 confiscated mining rigs and surplus hydro power to ensure compliant operations. This initiative reflects Paraguay’s strategy of repurposing seized assets from illicit activities for official revenue generation while capitalizing on its ample hydroelectric capacity from facilities like Itaipu, which positions the nation for sustainable and low-cost mining.
Paraguay’s ANDE partners with Morphware for government-led Bitcoin mining
