Paraguay is set to accommodate a fresh cryptocurrency mining farm.The Bitcoin mining services provider, Sazmining, has announced plans to launch a cryptocurrency mining facility entirely powered by renewable energy, tapping into the South American nation's clean surplus electricity.According to the Sazmining team, the new center will have the capacity to house 1,600 user-owned mining rigs at an electricity cost of 4.7 cents per kWh, which is less than 30 percent of the average costs in the United States.The development aims to position Paraguay as an attractive location for the international mining industry, given .

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