Paraguay is emerging as the epicenter of Bitcoin mining in Latin America in 2025, attracting significant investments and strengthening its energy infrastructure. Hive Digital has opened a 100 MW data center in the country, with plans to reach a capacity of 25 EH/s by the end of the year, without incurring debt (es.beincrypto.com).
This growth comes at a time when cryptocurrency mining faces global challenges, such as declining prices and rising operational costs (bloomberglinea.com). However, Paraguay offers a favorable environment with competitive electricity prices and a stable regulatory framework, making it an attractive destination for miners.
To maximize the efficiency and profitability of ASIC devices in this region, solutions like custom firmware from Vnish (https://vnish.io/) are essential. These tools help optimize device performance, adapt to the specific conditions of the Latin American market, and ensure more profitable and sustainable operations.