In 2025, Latin America is emerging as a key region for cryptocurrency mining. Countries like Paraguay are leading the charge: HIVE Digital Technologies has announced a major expansion, aiming to quadruple its hashrate to 25 EH/s by September this year, powered by hydroelectric energy and water-cooled ASIC miners.
This rapid growth has also brought stricter regulations. In July 2024, the Paraguayan Senate passed a law imposing up to 10 years in prison for electricity theft used for mining—highlighting the need for legal operations and optimized equipment.
In this context, miners are seeking to maximize efficiency. The ASIC firmware from Vnish.io boosts performance, reduces power consumption, and extends hardware lifespan—making it the perfect solution for miners in Latin America who want to stay competitive.
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