Paraguay's legal authorities seize large quantities of Bitcoin mining machines as regulatory scrutiny intensifies.
However, the recent regulatory scrutiny of miners in Latin America and other parts of the world could affect BTC’s price and provide hindrances to its current rally.Authorities in Ciudad del Este, Paraguay, have seized 450 Bitcoin mining machines from a warehouse in the Caacupemi neighborhood of Hernandarias district.
The 450 ASICs were discovered on the 26th in a mining farm uncovered by the National Electricity Administration . An official statement revealed that ANDE authorities have uncovered what appears to be a storage facility for equipment and materials intended for the construction of cryptocurrency mining operations.
Intriguingly, equipment that had previously vanished from another location was also discovered at the site, specifically at Estancia Santa Monica, situated at kilometer 46 along Route PY07.
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