Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bolivia shifts Bitcoin mining to sustainable, dollar-based model using idle gas plant amid currency crisis

Market News
24 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bolivia's Bitcoin mining surged due to cheap subsidized gas, but this model was fragile amid currency devaluation and gas reserve depletion. Italian firm Alps and local partner Qurubiqa revived a dormant 127 MW gas plant in Cochabamba to run Bitcoin mining directly at the plant, paid in US dollars to avoid Bolivia's currency issues. This behind-the-meter, dollar-denominated operation currently uses 27 MW and aims to scale to 127 MW, generating hard currency inflows and local jobs. The model offers a sustainable template for mining in unstable economies but depends on stable gas supply and regulatory support as Bolivia faces gas import risks.

More News

C-Lingo launches AI-powered platform to revolutionize Chinese learning in Vietnam.

C-Lingo launches AI-powered platform to revolutionize Chinese learning in Vietnam.

C-Lingo, a Hong Kong-based company, introduced a new AI-driven platform on May 23, 2026, to transform Chinese language education in Vietnam. The platform uses a unique "Connected Learning" model combining AI personalization and gamification to enhanc...

Others
Neutral
3 hours ago
Pentagon warns Japan of 2-year delays in Tomahawk missile deliveries amid US stockpile depletion.

Pentagon warns Japan of 2-year delays in Tomahawk missile deliveries amid US stockpile depletion.

The Pentagon has informed Japan that delivery of 400 Tomahawk cruise missiles, ordered in 2024 under a $2.35 billion deal, will face delays of up to two years. This is due to the US military prioritizing replenishment of missile stockpiles heavily us...

Market News
Bearish
4 hours ago
Gold and copper miners under $45 offer bargains amid rising sovereign debt and strong bullion demand.

Gold and copper miners under $45 offer bargains amid rising sovereign debt and strong bullion demand.

Gold prices have reached new highs due to rising sovereign debt, a fluctuating dollar, and continued central bank buying. Major gold producers are selling at $3,500 to nearly $4,900 per ounce, but several gold and copper mining stocks trade below $45...

Market News
Bullish
4 hours ago
Bolivia repurposes idle power plant for sustainable Bitcoin mining amid gas subsidy cuts

Bolivia repurposes idle power plant for sustainable Bitcoin mining amid gas subsidy cuts

Bolivia is shifting its Bitcoin mining industry from relying on cheap, subsidized natural gas to a sustainable model by reviving a dormant 127 MW thermal power plant in Cochabamba. Italian firm Alps Blockchain, in partnership with local Qurubiqa, is ...

Market News
Bullish
4 hours ago
Diversified commodity ETFs rise over 32% amid inflation, offering key portfolio inflation hedges.

Diversified commodity ETFs rise over 32% amid inflation, offering key portfolio inflation hedges.

Diversified commodity ETFs like HGER, DBC, and PDBC have gained over 32% in the past year, driven by rising commodity prices amid persistent inflation. These ETFs provide direct exposure to futures in energy, metals, and agriculture, making them effe...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App