Colombia's Caribbean coast could become a Bitcoin mining hub using renewable energy and local community involvement.

Colombian President Gustavo Petro proposed that the country's Caribbean coast could attract Bitcoin mining investment by leveraging its renewable energy resources, especially wind and solar power. He highlighted cities like Barranquilla, Santa Marta, and Riohacha as potential sites and emphasized involving the Wayúu Indigenous community as co-owners in mining projects. Drawing inspiration from Paraguay's success using hydroelectric power to attract miners, Petro envisions Bitcoin mining as a clean energy opportunity that could boost the region's economy. However, the plan's future depends on the next government after Colombia's upcoming presidential election, as Petro's term ends in August and no mining partners or launch dates have been confirmed yet.