Bitfury wants to create mining centers in Paraguay
The technology company, through an alliance with Commons Foundations, will build the space in a 200,000 square meters lot and will use renewable energy for its operation
The bitcoin mining hardware and blockchain technology Bitfury indicated that it is considering the creation of a cryptocurrency production center in Paraguay.
This will be possible thanks to the partnership with South Korea’s peer-to-peer research startup Commons Foundation, with which it already has a project in progress that consists of a series of transaction processing sites using the information centers BlockBox AC mobile in the Latin American region.
The initiative is part of a project called “Golden Goose“, which includes an expansion in the “blockchain innovation and the use of cryptocurrencies to the Spanish-speaking countries.”
According to the announcement, the mining facilities in Paraguay will have around 200,000 square meters, with energy provided by a 500 MW power substation.
Bitfury indicated that the energy they plan to use will be renewable energy, given that Paraguay has the largest hydroelectric power plant in the world.
K. Tovar
Source: Medium
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