Paraguayan Authorities Shut Down Largest Illegal Bitcoin Mining Farm

Over 2,700 Miners Disconnected from National Power Grid in Saltos de Guaira

  • Paraguayan authorities have shut down an illegal bitcoin mining farm with over 2,700 miners.
  • The operation was located near a national power facility in Saltos de Guaira.
  • The farm bypassed electric meters to steal power directly from the grid.
  • Authorities used advanced detection techniques including AI and thermal drones.
  • An internal audit is investigating potential involvement of ANDE officials.

Paraguayan authorities have dismantled the largest illegal bitcoin mining operation discovered in the country. Located in Saltos de Guaira, near a national power facility, this illicit setup included over 2,700 bitcoin miners connected directly to Paraguay’s electric grid.

- Advertisement -

Detection and Disconnection

The Paraguayan National Power Administration (ANDE) and local prosecutors carried out the operation on May 28.

They found that many of these machines were bypassing electric meters to siphon off electricity without being accounted for by ANDE. Along with disconnecting the miners, authorities confiscated five electric transformers with a total installed capacity of 7,150 kilo-volt-amperes.

The detection process involved using supervisory control systems (SCADA), artificial intelligence software to monitor load current peaks, and thermal drones that identified hot spots in the area.

This combination of technologies enabled authorities to pinpoint and act against the illegal setup effectively.

Internal Investigation Launched

Given its proximity – less than 2.5 kilometers – from a local power plant, suspicions arose about possible involvement by ANDE officials in facilitating this illegal activity. In response, ANDE has initiated an internal audit to determine if any employees were complicit in setting up or maintaining this unauthorized connection.

This recent bust follows another crackdown last week where Paraguay detected two other illegal bitcoin mining sites. These operations led to the seizure of over 550 additional bitcoin miners.

- Advertisement -

Authorities are committed to continuing their efforts against such illicit activities that drain resources from Paraguay’s national grid and undermine legal energy consumption practices.

LATEST POSTS

Previous Articles:

Stay in the Loop

Get exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.

- Advertisement -

    1 Email per day. Unsubscribe at any time.

    - Advertisement -

    Latest News

    BBVA Provides Off-Exchange Custody for Binance Crypto Assets

    BBVA has started to offer off-exchange custody for the Binance cryptocurrency platform. This service allows...

    Bitcoin Soars as Fed Rate Cut Bets Rise, Crypto Rebounds to $4 Trillion

    Bitcoin and crypto prices rose sharply this week, with the market recovering to $4...

    China Orders Firms to Halt Stablecoin Research, Tightening Clampdown

    Chinese regulators have told local firms to stop publishing research and holding seminars about...

    60 Malicious Packages Target RubyGems, PyPI in Credential Theft Campaign

    Sixty malicious software packages targeted the RubyGems platform by disguising as automation tools for...

    Standard Chartered, Animoca JV Apply for Hong Kong Stablecoin License

    Standard Chartered Bank, Animoca Brands, and HKT have applied for a stablecoin issuer license...

    Must Read

    How to Buy Dedicated Hosting With Crypto

    In this article I am going to show you how to buy dedicated hosting with crypto from one of the best European hosting providers...