🇵🇾 KULR Expands Mining in Paraguay by Installing 3,570 ASICs and Boosting Hashrate to 750 PH/s — The Choice of Country Is Driven by Cheap, Renewable Energy from the Itaipu Hydropower Plant

By the end of summer, KULR plans to reach 1.25 EH/s and is applying a Buy or Mine strategy — both mining and purchasing BTC on the market.

Paraguay generates over 99% of its electricity from Itaipu and its smaller counterparts — the Yacyretá and Acaray dams. With a population of 6.7 million, the country consumes only a fraction of its total energy production, allowing it to export 90% to neighboring countries.

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KULR Expands Mining in Paraguay: Cheap Hydropower as a Growth Driver