Paraguay’s House of Representatives this Thursday, December 4, approved two projects to obtain official information on mining activities of crypto assets such as Bitcoin.
The resolutions, introduced by Representative Maria Constantia Benitez, aim to “strengthen control, transparency and oversight mechanisms in sectors where expansion requires accurate assessment of energy, economic and regulatory impacts.”
Each institution has 15 days to submit its report. According to the chamber’s official website, the request was made.
The first project will request a report on the registration of individuals and companies authorized to mine Bitcoin and cryptocurrencies, as well as all background information in physical and digital format.
The second order will be sent directly to the state-owned company, the National Electricity Authority (ANDE). request a report This lists all electrical connections where crypto asset mining is allowed. This record must include the name of the person responsible and the location of the installation.
This bill was introduced in 2024. At the time, Paraguay was dealing with issues such as: boom As reported by CriptoNoticias, there is a possibility of unauthorized digital mining.
At that time ANDE reported intervention in more than 30 clandestine farms A large amount of Bitcoin mining equipment was confiscated, and a law was passed that makes mining without a permit punishable by up to 10 years in prison.
Mine expansion in Paraguay
Now, that has changed, as new legislative initiatives coincide with the next period. Massive expansion of domestic mines. As an example of this, HIVE Digital Technologies recently announced the construction of a new 100 MW data center in Iguazu.
The expansion will increase HIVE’s renewable energy capacity in Paraguay to 400 MW. Construction will begin in early 2026 and will establish Paraguay as a world powerhouse in Bitcoin mining.
According to the latest Hashrate Index Heat Map, the country holds about 3.9% of the world’s hashrate. Paraguay already controls 3.9% of the world’s hashrate (according to the Hashrate Index, Q4 2025), ranking in the top four in the world, ahead of countries such as Canada and the United Arab Emirates.
The South American country shares this elite status with the United States, Russia, and China. Its energy mix, based on a surplus of hydropower, makes it an attractive destination for international miners.