Erick Vera joins The Mining Pod to talk about bitcoin mining in Paraguay, Argentina, Brazil and beyond in South America.

Welcome back to The Mining Pod! Erick Vera, the Latin America business development lead at Luxor, joins today to discuss the bitcoin mining industry in South America. Vera gives us a rundown of the region’s bitcoin mining hotspots – namely, Paraguay, Argentina, and Brazil – and digs into the nuances, challenges, and opportunities bitcoin miners face in each country, including Paraguay’s gobs of hydro power, Brazil’s abandoned manufacturing sites that are ready for miners, and Argentina’s oil and gas field bitcoin mines. He also touches on other South America countries he thinks are primed for bitcoin mining adoption. 

Timestamps:

00:00 Start

02:14 Countries active in Latin America?

03:17 Venezuela

04:59 Active MW

06:00 Brazil & Argentina

12:45 Brazil & Paraguay hyrdopower

15:18 Paraguay regulations

21:04 Import tariffs

24:59 More tariffs, more problems

30:57 Migration & business classification

34:02 Slow growth in Brazil?

37:06 Abandoned industrial sites

40:55 Argentina

46:22 Argentina off grid sites

48:16 Other promising sites

51:07 Wrap up

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