Bitcoin mining consumes 30% of Paraguay power
Bitcoin (BTC)
Editor:
Eugene Serbin
Grafa.com reports that Bitcoin mining now utilizes 30% of Paraguay's energy supply, with researcher Victorio Oxilia noting this equals the power of one-and-a-half Itaipu dam turbines. Concerns regarding the country's power supply by 2029 are rising as mining contracts expire in 2027 with uncertain extensions. Analyst Cecilia Llamosas stated that Paraguay requires $11 billion–$15 billion in energy investment over 13 years, though she noted mining demand can be reduced during peak periods by switching off equipment. Authorities are currently prosecuting illegal power use while the Aña Cuá project is expected to add 135 megawatts to the grid.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 28 August 2026. Not the outlet's figures.
Bitcoin is trading at $80,249.58 with a 24-hour buy ratio of 45.2%, indicating that selling pressure has slightly outweighed buying over the full day. The 1-hour buy ratio stands at 43.0%, showing that immediate selling intensity is higher than the broader daily average. Volume Delta confirms this short-term weakness, recording a net outflow of -$13,374,667 in the last hour compared to a modest +$291,505 inflow over the past four hours. The Cumulative Volume Delta (CVD) for the 24-hour period closed at -$90,556,740, reflecting that sellers have dominated the flow. Only 6 out of 24 hours saw net buying, suggesting that buying pressure is currently fading rather than building.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
This trading activity contrasts with the preceding week, where the average buy ratio was 51.1%, meaning today's 45.2% ratio is 5.8 percentage points below the weekly norm. Spot volume has also dropped to 0.65x the average level, indicating significantly lower participation than usual. While the price rose 9.9% over the past 8 days, today's volume is notably subdued compared to the weekly average. The weekly Volume Delta was positive at +$171,556,665, but today's session contributes to a 24-hour delta of -$123,102,218, marking a shift from the previous week's net buying trend.