Crypto Mining in Paraguay
Paraguay Mining Environment
Paraguay sells its Itaipú dam electricity share at some of the cheapest rates in the world (~$0.02–0.04/kWh). The country exports most of its power allocation to Brazil, but the government has actively redirected surplus to attract Bitcoin mining operations, viewing it as a higher-value use of excess generation capacity. Paraguay is rapidly becoming a tier-1 South American mining hub.
Electricity: Industrial electricity from Itaipú: ~$0.02–0.04/kWh — among the cheapest in the world.
Legal status: Legal. Paraguay actively encourages crypto mining to monetise electricity surplus from the Itaipú hydroelectric dam (the world's second-largest). The government has negotiated directly with large mining operations and passed supportive legislation.
Notable operations: Itaipú-connected mining facilities, Binance-backed operations.
Coin Profitability in Paraguay at $0.03/kWh
Best-in-class hardware for each coin, ranked by estimated daily profit. Based on current price and network difficulty, updated in real time.
| Coin | Algorithm | Best Hardware | Daily Profit | Monthly | Status |
|---|---|---|---|---|---|
| Zcash (ZEC) | Equihash | Bitmain Antminer Z15 Pro · 2650 W | +$59.53 | +$1,786 | Profitable |
| Kaspa (KAS) | kHeavyHash | Bitmain Antminer KS7 · 3300 W | +$14.85 | +$446 | Profitable |
| Dogecoin (DOGE) | Scrypt (AuxPoW) | Bitmain Antminer L9 · 3360 W | +$13.00 | +$390 | Profitable |
| Bitcoin (BTC) | SHA-256 | Bitmain Antminer S21 XP Hyd · 5676 W | +$11.75 | +$353 | Profitable |
| Bitcoin Cash (BCH) | SHA-256 | Bitmain Antminer S21 XP Hyd · 5676 W | +$6.56 | +$197 | Profitable |
| Monero (XMR) | RandomX | NVIDIA GeForce RTX 4090 · 280 W | +$0.48 | +$14 | Marginal |
| Ethereum Classic (ETC) | Etchash | AMD Radeon RX 6800 XT · 120 W | −$0.05 | −$1 | Break-even |
| Ravencoin (RVN) | KAWPOW | AMD Radeon RX 6800 XT · 150 W | −$0.08 | −$2 | Break-even |
| Alephium (ALPH) | Blake3 | AMD Radeon RX 6800 XT · 140 W | −$0.10 | −$3 | Break-even |
| Litecoin (LTC) | Scrypt | Bitmain Antminer L9 · 3360 W | −$0.47 | −$14 | Break-even |
Estimates use Paraguay's average rate of $0.03/kWh. Enter your exact rate in the live calculator for personalised figures.
Frequently Asked Questions
Which cryptocurrencies are most profitable to mine in Paraguay in 2026?
At Paraguay's average electricity rate of $0.03/kWh, 6 of 10 supported coins are currently profitable with their best-in-class hardware: Zcash, Kaspa, Dogecoin, Bitcoin, Bitcoin Cash and Monero. The top performer is Zcash (ZEC), earning an estimated $59.53/day on a Bitmain Antminer Z15 Pro. Rankings shift with coin price and network difficulty — use the live calculator for your exact setup.
What is the electricity rate for crypto mining in Paraguay?
Industrial electricity from Itaipú: ~$0.02–0.04/kWh — among the cheapest in the world. This rate is among the cheapest globally, making Paraguay an attractive mining jurisdiction.
Is crypto mining legal in Paraguay?
Legal. Paraguay actively encourages crypto mining to monetise electricity surplus from the Itaipú hydroelectric dam (the world's second-largest). The government has negotiated directly with large mining operations and passed supportive legislation.
What is the best mining hardware to use in Paraguay?
It depends on the coin. For the most profitable option right now — Zcash — the standout unit is the Bitmain Antminer Z15 Pro (840 kSol/s, 2650 W) at an estimated $59.53/day. The table above lists the best hardware for each of the 10 supported coins at Paraguay's electricity rate.
How does Paraguay's electricity rate compare globally for mining?
At $0.03/kWh, Paraguay's rate is among the cheapest in the world — comparable to Paraguay, Ethiopia, and Siberian Russia, making it one of the most attractive mining jurisdictions globally. For comparison: Ethiopia ~$0.02/kWh, Paraguay ~$0.03/kWh, Kazakhstan ~$0.04/kWh, USA (industrial) ~$0.04–0.07/kWh, Germany ~$0.32/kWh.
Mining in Other Countries
Enter your exact electricity rate — not just the country average — for accurate profitability across all 10 coins.