Bitcoin

Several developing nations, including <a href="https://ultramining.com/news/en/bitfarms-expands-bitcoin-mining-with-renewable-energy-in-paraguay/" rel="noopener noreferrer nofollow">Paraguay</a>, Venezuela, El Salvador, Argentina, and Kenya, are considering adopting Bitcoin mining to improve their economies. These countries have abundant energy resources that could be utilized for cryptocurrency mining.
El Salvador has already made Bitcoin legal tender and uses geothermal energy for mining. Paraguay and Kenya have surplus renewable energy sources, such as hydropower, that could be directed towards mining.
Bhutan's example, where crypto reserves make up a significant portion of GDP, inspires other countries to explore new ways of leveraging cryptocurrencies to stimulate economic growth and address financial challenges.

Five Countries Consider Adopting Bitcoin Mining

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