Bolivia Prepares to Launch Its First Bitcoin Mining Operation | Bolivia se prepara para explotar su primera mina de Bitcoins

By El Diario: The gas that Bolivia burns in its wells and the residues from sugarcane can be used to generate electricity to power Bitcoin mining centers. These centers convert energy into computing power, which connects to cryptocurrency mining pools via the internet. Diego Monroy Marinkovic, a project engineer for power generation with Capstone microturbines…

Multisectoral Strike With Demonstrations Nationwide | Paro multisectorial con movilizaciones en todo el país

By Ernesto Estremadoiro Flores, El Deber: Mobilization Multisectoral Strike to Proceed Without Blockades but With Demonstrations Nationwide Different Sectors to Take to the Streets but Assure They Won’t Disrupt the Public / Photo: ED Retail vendors, industrialists, and productive sectors across the country unite in opposition to the seventh provision of Financial Law 1613. The protest…

MAS has turned Bolivia into “a pariah state” | El MAS convirtió a Bolivia en “un Estado paria”

By Brujula Digital: According to a U.S. congressman, MAS has turned Bolivia into “a pariah state” Carlos Antonio Giménez criticized Evo Morales’ government and its impact on the Bolivian economy U.S. Congressman Carlos Antonio Giménez, who represents Florida’s 26th congressional district, stated that the Movimiento Al Socialismo (MAS) has turned Bolivia into “a pariah state…

Companies on alert over decree modifying the Profit Tax | Empresas en alerta por decreto que modifica el Impuesto a Utilidades

By Unitel, El Diario: Provision creates uncertainty President Luis Arce approved Supreme Decree 5327, which, according to tax expert Jasmine Daza, “puts all Bolivian companies on red alert” due to a provision included in the regulation that allegedly modifies the Profit Tax (IU). The specific point Daza refers to is the second additional provision, which…

Are lithium contracts profitable? | ¿Son rentables los contratos del litio?

By Francesco Zaratti: The profitability of the contracts that “Yacimientos de Litio Bolivianos” (YLB) intends to sign with the Russian company Uranium and the Chinese consortium CBC is their real Achilles heel. The expenses of the project are determined by each company’s investments and operating costs, so that, to justify the profitability of these contracts,…