Paraguay’s state‑owned electricity monopoly, Administración Nacional de 
Electricidad (ANDE), has signed a Memorandum of Understanding (MoU) with 
infrastructure firm Morphware to launch a government‑run Bitcoin mining 
program powered by thousands of confiscated mining machines and surplus 
hydroelectric power. Related Reading: Bitcoin Slides Again as Iran War Jitters 
Hit BTC, Risk Assets What Does This Entail? In a first‑of‑its‑kind move, 
Paraguay state power company is about to become a Bitcoin miner. ANDE has 
signed a formal agreement with Morphware to to build a state‑run mining 
program that uses two things the country already has in abundance: seized 
mining rigs and cheap hydroelectric power from the Itaipú dam. In practice, 
ANDE will host and own the mining operations. Instead of exporting that energy 
at low, treaty‑defined prices, the utility will route part of it into Bitcoin 
mining facilities it controls. Morphware will act as a technical advisor 
rather than a speculative partner: according to Morphware founder and CEO 
Kenso Trabing, because ANDE has no experience mining Bitcoin, the company’s 
role will be “an advisory one. The pilot phase will plug in about 1,500 seized 
miners at existing utility buildings located next to substations, which can be 
converted into basic mining facilities with ventilation, transformers, 
distribution units, and proper metering. Related Reading: Next “Binance 
Killer”? Hyperliquid Now Dominates DeFi Derivatives, New Report Shows Seizing 
Background This decision follows a series of nationwide raids since early 
2024, as ANDE moved against unmetered and fraudulent high‑voltage connections 
used by illegal miners. Most of the machines going into this program were 
seized between May and June 2024, when authorities intensified inspections in 
mining hotspots. In Salto del Guairá alone, ANDE confiscated 2,738 mining rigs 
after detecting an unmetered high‑load connection worth roughly 1.1 billion 
guaraníes (around 146,000 dollars) in stolen power every month, alongside 
dozens of similar operations that pushed the total stockpile of seized ASICs 
close to 30,000 units. Another State Turning To Bitcoin Paraguay’s move slots 
into a small but growing group of states that appear to be trying to turn 
energy policy into hash rate. El Salvador has already folded Bitcoin into its 
official toolkit, pointing geothermal power from state‑run plants into mining 
facilities and adding those coins to a government‑controlled BTC stockpile 
alongside its “volcano bond” ambitions, as reported by our sister website 
Bitcoinist. Further east, Bhutan’s sovereign wealth fund has quietly operated 
hydro‑powered mining since at least 2019, using surplus electricity from its 
dams to accumulate Bitcoin on the kingdom’s balance sheet and, more recently, 
to back new digital‑asset and “mindfulness city” projects. Paraguay’s 
ANDE–Morphware experiment is the hydro‑rich, Latin American version of that 
same playbook: keep the energy domestic, own the infrastructure, and let the 
state, not just private miners, capture the upside. BTC&#8217;s price trends to the 
upside on the daily chart. Source: BTCUSD on Tradingview Cover image from 
ChatGPT, BTCUSD chart from Tradingview

From Contraband to Cash Flow? Paraguay To Mine Bitcoin With 30,000 Seized Rigs

Tycoon 2FA accounted for 62% of phishing attempts Microsoft blocked by mid 
last year, including over 30 million emails in a single month.

Coinbase, Microsoft and Europol take down phishing service ‘Tycoon 2FA’

Binance has rolled out seven AI Agent Skills, arming automated trading agents 
with real-time market data, execution tools, and security analytics through a 
unified interface that could reshape how investors access and act on crypto 
intelligence. Binance Launches Seven AI Agent Skills With Unified Trading 
Interface Binance has expanded its artificial intelligence capabilities with a 
[…]

Binance Debuts 7 AI Agent Skills to Turn Crypto Data Chaos Into Trade-Ready Intelligence

US President Donald Trump says AI data centers “need some PR help,” promising 
that tech giants will pay for their own power to run the energy-intensive 
projects.

Big Tech signs Trump pledge to cover their own AI energy costs

Ethereum price started a fresh increase above $2,120. ETH is now correcting 
gains from $2,200 and might decline further below $2,100. Ethereum started a 
downside correction from the $2,200 zone. The price is trading above $2,080 
and the 100-hourly Simple Moving Average. There is a key bullish trend line 
forming with support at $2,020 on the hourly chart of ETH/USD (data feed via 
Kraken). The pair could start a fresh decline if it stays below the $2,180 
zone. Ethereum Price Rallies Over 8% Ethereum price started a fresh increase 
above the $2,050 resistance, like Bitcoin. ETH price rallied above the $2,080 
and $2,120 resistance levels. The bulls even pumped the price above $2,150. A 
high was formed at $2,200 before there was a downside correction. The price 
dipped below $2,150 and the 23.6% Fib retracement level of the upward move 
from the $1,929 swing low to the $2,200 high. Ethereum price is now trading 
above $2,080 and the 100-hourly Simple Moving Average. There is also a key 
bullish trend line forming with support at $2,020 on the hourly chart of 
ETH/USD. If the bulls remain in action above $2,020, the price could attempt 
another increase. Immediate resistance is seen near the $2,150 level. The 
first key resistance is near the $2,180 level. The next major resistance is 
near the $2,200 level. A clear move above the $2,200 resistance might send the 
price toward the $2,250 resistance. An upside break above the $2,250 region 
might call for more gains in the coming days. In the stated case, Ether could 
rise toward the $2,320 resistance zone or even $2,350 in the near term. 
Downside Correction In ETH? If Ethereum fails to clear the $2,150 resistance, 
it could start a fresh decline. Initial support on the downside is near the 
$2,080 level. The first major support sits near the $2,065 zone or the 50% Fib 
retracement level of the upward move from the $1,929 swing low to the $2,200 
high. A clear move below the $2,065 support might push the price toward the 
$2,020 support. Any more losses might send the price toward the $1,980 region. 
The main support could be $1,920. Technical Indicators Hourly MACD – The MACD 
for ETH/USD is losing momentum in the bullish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now above the 50 zone. Major Support Level – $2,065 Major 
Resistance Level – $2,180

Cryptocurrency price in USD