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.Â
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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