{"id":97429,"date":"2026-05-25T12:32:07","date_gmt":"2026-05-25T09:32:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97429"},"modified":"2026-05-25T12:35:10","modified_gmt":"2026-05-25T09:35:10","slug":"bitcoin-mining-launched-at-idle-power-plant-in-bolivia","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-mining-launched-at-idle-power-plant-in-bolivia\/","title":{"rendered":"Bitcoin Mining Launched at Idle Power Plant in Bolivia"},"content":{"rendered":"<p>Italian company Alps Blockchain, in collaboration with local firm Qurubiqa, has <a href=\"https:\/\/cryptobriefing.com\/bolivia-bitcoin-mining-idle-power-plant\/\">initiated<\/a> a bitcoin mining project at an unused gas-fired thermal power plant in Bolivia&#8217;s Cochabamba department.<\/p>\n<p>The plant has a capacity of 127 MW. Currently, the facility consumes about 27 MW, providing a <a href=\"https:\/\/forklog.com\/en\/news\/what-are-hashrate-and-mining-difficulty-in-cryptocurrencies\">hashrate<\/a> of 1.23 EH\/s. By the end of 2026, the partners aim to increase consumption to 45 MW, eventually reaching full capacity utilization of the power plant&#8217;s infrastructure.<\/p>\n<p>The project operates on a <span data-descr=\"an energy concept where generation or storage systems (batteries) are installed on the consumer's side after their electricity meter\" class=\"old_tooltip\">behind-the-meter<\/span> model: equipment is located near the power station and consumes energy without feeding it into the grid. Transactions are denominated in US dollars.<\/p>\n<p>This financial model was chosen due to Bolivia&#8217;s prolonged currency crisis and liquidity shortages. Previously, the country&#8217;s government <a href=\"https:\/\/www.reuters.com\/markets\/bolivia-turns-crypto-energy-imports-amid-dollar-fuel-shortages-2025-03-12\/\">allowed<\/a> the state oil and gas giant YPFB to use cryptocurrencies for paying energy imports.<\/p>\n<p>The volume of virtual asset transactions in the first half of 2025 increased by more than 530% year-on-year\u2014from $46.5 million to $294 million. This surge in activity was recorded after the official ban on cryptocurrency use was lifted in June 2024.<\/p>\n<p>Alps Blockchain includes the Cochabamba site in its list of active projects alongside those in Oman, the USA, Ecuador, and Italy. The company&#8217;s total managed capacity is 242 MW.<\/p>\n<p>Back in November 2025, Bolivia&#8217;s Minister of Economy Jos\u00e9 Gabriel Espinoza <a href=\"https:\/\/forklog.com\/en\/news\/bolivia-to-integrate-stablecoins-into-financial-system\">announced<\/a> that the country would integrate cryptocurrencies and <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoins<\/a> into the national financial system to modernize it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alps Blockchain, in partnership with Qurubiqa, has launched a bitcoin mining project at an unused gas-fired thermal power plant in Bolivia&#8217;s Cochabamba department.<\/p>\n","protected":false},"author":1,"featured_media":97430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin mining project launched at idle power plant in Bolivia.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137,502],"class_list":["post-97429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining","tag-south-america"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin mining project launched at idle power plant in Bolivia.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97429"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97429\/revisions"}],"predecessor-version":[{"id":97431,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97429\/revisions\/97431"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/97430"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}