Is crypto mining legal in Paraguay?

Crypto mining in Paraguay is legal as of November 2026, provided the power is bought legally from ANDE, the state electricity company. Paraguay has no dedicated crypto law, as covered in is crypto legal in Paraguay, so the rules that matter for miners are electricity contracts, tariffs and criminal law on power theft.

Is bitcoin mining legal in Paraguay?

Yes. Legal mining farms are placed in ANDE's special intensive consumption group, which includes crypto miners and data centres. Contracts in this group say they are subject to tariffs in force or as later modified, Última Hora reported.

Illegal connections are another story. Law 7300, promulgated in July 2024, amended the Penal Code to raise the maximum prison term for illegally taking electricity from three to 10 years, ABC Color reported. It also allows seizure of the equipment used. ANDE's president said the law targets illegal practices, not mining itself, and the utility reported 78 cases of illegal connections with more than 10,000 processors seized.

What is the Paraguay ANDE mining tariff?

ANDE raised the group's tariff in June 2024 by resolution, citing higher costs of power from the Itaipú dam. Reports differ on the size. Última Hora put the average 220 kV rate at about $39 per MWh before and $44.34 after, while ABC Color described a 54% rise. ABC Color quoted the vice president of the Paraguayan chamber of digital asset miners as calling the change unilateral and unconstitutional, and said one company dropped a planned $400 million investment.

In September 2026, ABC Color and RDN reported a current rate of about $44 per MWh for these users. Energy analyst Ricardo Canese argued that a technical tariff would be about $80 per MWh or more, calling the gap a subsidy. Other reports have cited different figures for some contracts, so the rate in any single agreement can vary.

What happens to mining contracts after 2027?

All current contracts in the group expire on December 31, 2027, and ANDE has called that date non-negotiable, according to RDN and The Rio Times. Miners and AI data centre firms have asked to extend them to 2037 at a similar rate. The group contracts about 1,300 MW, with requests for another 6,300 MW pending, ANDE's head said.

The industry is also shrinking in number while paying more. The Rio Times reported that licensed miners fell from 71 at the start of 2025 to 41 in 2026, with four firms holding most of the 943.8 MW reserved, while ANDE expects about $350 million in mining revenue for 2026.

Is Paraguay crypto friendly?

For miners, it offers cheap hydropower but uncertain terms after 2027. Mining profits fall under ordinary business tax, as explained in how crypto is taxed in Paraguay. For how mining works and other countries' rules, see how bitcoin mining works and is crypto mining legal.

Rules differ by country and change often. Check the regulator or a qualified professional for your own situation.