Paraguay bitcoin production is booming on cheap Itaipú hydro power. Local experts say it ranks fourth worldwide. Here's what is driving the surge.
Paraguay is 4th in global bitcoin mining with 943.8 MW of Itaipú hydro capacity; HIVE Digital deployed 300 MW by late 2025. Energy arbitrage will reshape AI infrastructure—compute-intensive training moves to emerging markets where renewable power costs are lowest.
Paraguay · Technology
Key Facts
Fourth place — Paraguay ranks 4th globally in crypto processing, per local expert Joaquín Morínigo.
US$250m — Crypto-mining generated over US$250 million for Paraguay in 2025, says Morínigo.
943.8 MW — Mining draws 943.8 MW of power demand across 41 companies.
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The country hopes to build a big tech sector, fuelled by its vast amount of cheap hydroelectricity.
