Chinese bitcoin (BTC) miners are reportedly preparing to flock to Paraguay in their droves – with reports claiming that there could be half a million rigs online in the nation in the next three years if regulators do not block miners’ progress, with some industrial players already setting up shop in the South American nation. Per Criptonoticias, “at least eight” Chinese “financial entities” had expressed a strong interest in “transferring their mining operations to Paraguay,” according to the Paraguayan mining firm Digital Assets’ CEO Juanjo Benítez Rickmann. In addition to Mainland Chinese miners, Rickmann claimed that “large consortiums from other...