Sazmining’s new bitcoin mining facility in Paraguay will use surplus electricity from the Itaipu Dam, enabling the country to monetize excess energy while hosting a more eco-friendly way to mine bitcoin.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
The new center will offer hosting for 1,600 user-owned mining rigs at a rate of 4.7 cents per kWh — less than 30% of the average U.S.-based costs, making it one of the lowest energy cost facilities in the bitcoin mining industry, Sazmining said in a statement.
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