{"id":9281,"date":"2023-05-16T03:58:43","date_gmt":"2023-05-16T07:58:43","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/paraguay-police-raid-unearths-300-stolen-btc-mining-rigs\/"},"modified":"2023-05-16T03:58:44","modified_gmt":"2023-05-16T07:58:44","slug":"paraguay-police-raid-unearths-300-stolen-btc-mining-rigs","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=9281","title":{"rendered":"Paraguay Police Raid Unearths 300 Stolen BTC Mining Rigs"},"content":{"rendered":"<div>\n<p>Police have recovered 300 Bitcoin (BTC) mining rigs stolen from a farm in Paraguay, following a major operation conducted by the nation\u2019s Anti-Kidnapping Department (DAS).<\/p>\n<p>Per the Brazilian media outlet Portalo do Bitcoin, the operation was carried out after a theft in the Paraguayan province of Alto Paran\u00e1 in April.<\/p>\n<p>Police at the time explained that 492 BTC miners had been stolen from a farm after its manager was \u201coverpowered\u201d by attackers.<\/p>\n<p>The DAS explained that they raided a commercial property in the town of Presidente Franco this month.<\/p>\n<p>They said they recovered 300 of the mining rigs from the property, along with cellular devices, firearms, and ammunition.<\/p>\n<p>One man was arrested and charged with aggravated assault.<\/p>\n<p>The DAS published photographs of their haul.<\/p>\n<p>The remaining 192 mining rigs are still yet to be recovered.<\/p>\n<p>Police said the theft had been carefully orchestrated, and saw \u201cabout a dozen\u201d hooded individuals attack the Alto Paran\u00e1 farm before making off with the mining rigs.<\/p>\n<p>The DAS claimed that the mining rigs had been connected to power outlets and the internet.<\/p>\n<p>All 300 rigs were in \u201cfull operation,\u201d the officers explained.<\/p>\n<p>The DAS immediately proceeded to disconnect and confiscate the mining rigs.<\/p>\n<p>The DAS stated that the man had been handed over to prosecutors.<\/p>\n<h2>Paraguay: A Draw for Bitcoin Miners?<\/h2>\n<p>Paraguay has become something of a crypto and BTC mining hotspot in recent years.<\/p>\n<p>The nation\u2019s surplus of hydroelectric power has attracted many miners in the past few years, particularly Asian pools looking to relocate from China.<\/p>\n<p>Politicians in the nation have been trying to open the door to miners since 2021, but have faced opposition from the nation\u2019s President.<\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/paraguay-police-raid-unearths-300-stolen-btc-mining-rigs.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Police have recovered 300 Bitcoin (BTC) mining rigs stolen from a farm in Paraguay, following a major operation conducted by the nation\u2019s Anti-Kidnapping Department (DAS). Per the Brazilian media outlet Portalo do Bitcoin, the operation was carried out after a theft in the Paraguayan province of Alto Paran\u00e1 in April. Police at the time explained [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-9281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Paraguay Police Raid Unearths 300 Stolen BTC Mining Rigs | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Police have recovered 300 Bitcoin (BTC) mining rigs stolen from a farm in Paraguay, following a major operation conducted by the nation\u2019s Anti-Kidnapping\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=9281\" 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