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Chinese Group Looking to Buy One of Latin America's Largest Bitcoin Mines

From cointelegraph.com

Rocelo Lopes, CEO of Stratum, CoinPY, and one of the leading names in the Bitcoin and cryptocurrency market in Latin America, is negotiating the sale of Brazilian-owned, Paraguay-registered mining farm CoinPY, once a leading crypto company in Latin America. According to exclusive information obtained by Cointelegraph, the negotiation is already advanced and the entire mining plant in Paraguay will be sold to a Chinese group that already operates similar farms in China. Chinese miners concerned about tightening regulations The group reportedly sought out Lopes for regulatory reasons, imagining a difficult scenario in ... (full story)

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