Paraguayan authorities seize nearly 400 Bitcoin mining machines in Sapucay

Paraguayan authorities have seized nearly 400 Bitcoin mining machines in the city of Sapucai. The operation was jointly carried out by the police and the National Electricity Administration (ADE) as part of an investigation into suspected electricity theft. (Bitcoin News) Previously, the Paraguayan government urged lawmakers to pass a bill that would impose up to 10 years in prison on illegal Bitcoin miners in response to the massive theft of electricity that threatens the state-owned National Electricity Administration (ANDE). The bill gives Paraguayan police and prosecutors the power to confiscate and sell illegal mining machines to protect ANDE from the huge financial losses caused by energy theft. In this crackdown, more than 5,000 ASIC mining machines have been confiscated this year, and the legislative process may also lead to a temporary ban on Bitcoin mining in the country.