Sazmining, a hosted bitcoin mining provider, is expanding into South America with a new facility in Paraguay. The facility will use 100% renewable energy from surplus electricity generated by the Itaipu Dam. It will offer hosting for 1,600 user-owned mining rigs at a significantly lower energy cost compared to the U.S. The expansion allows Paraguay to monetize its excess electricity and transform it into a profitable venture. Sazmining aims to foster a sustainable future by investing in electrical infrastructure in Paraguay. The company operates as a non-custodial service, with bitcoin rewards sent directly to customers’ wallets. The new facility will optimize mining efficiency and provide on-site maintenance and security.
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