In 2025, Paraguay is emerging as a strategic hub for Bitcoin mining in Latin America. Despite facing challenges in 2024 — including the seizure of over 10,000 ASIC devices due to illegal operations and electricity rate hikes of up to 16% — the country has taken steps to regulate and support legal mining activity.
International companies like Hive and Bitfarms have expanded their operations in Paraguay, attracted by the strong energy infrastructure and government policies that encourage regulated mining. The government has intensified its crackdown on illegal mining, implementing technologies to detect abnormal power usage and approving a long-term plan to reduce electricity losses over the next 10 years.
For miners looking to optimize the performance of their ASIC equipment in this competitive environment, specialized firmware solutions like those offered by VNISH can improve energy efficiency and operational stability — helping maximize profitability in a growing market.