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Paraguayan authorities have decided to launch Bitcoin mining using equipment confiscated from illegal mining operators. Morphware has signed an agreement with the National Electricity Authority (ANDE) to conduct a technical assessment and develop specific projects as part of the initiative.
Engineer and energy expert Nelson Cristaldo told DL News that this is still only an assessment. The seized equipment is typically a couple of generations old, so it will be extremely difficult to profit from it, he explained.