Sazmining is set to open a green Bitcoin mining facility in Paraguay that will be powered by the Itaipu Dam. The facility will host mining rigs purchased by Sazmining’s customers and will operate with 100% renewable energy. The company aims to improve humanity’s relationship with money and energy. By utilizing the dam’s surplus energy, Sazmining can offer significantly cheaper energy costs for mining. The new facility is an investment in Paraguay’s electrical infrastructure and will prevent excess power from being sold at a loss. The move aligns with Bitcoin’s creator Satoshi Nakamoto’s vision for mining and offers an alternative way to acquire Bitcoin.
AI Sentiment: Positive