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BTC News: Colombia Wants to Mine Bitcoin with Surplus Renewable Energy

Petro said the plan would use surplus clean power and follow a model that helped Paraguay attract miners.

  • On Tuesday, President Gustavo Petro proposed turning Barranquilla, Santa Marta, and Riohacha into bitcoin mining hubs by tapping Colombia's surplus clean energy.
  • The strategy follows models in Venezuela and Paraguay, where mining runs on 100% renewable energy; Colombia similarly generates 75% of its electricity from renewable sources, exceeding the global average.
  • American miners are pivoting toward high-performance computing, signing more than $70 billion in cumulative AI contracts, while Luxor Technology's Alessandro Cecere noted Paraguay's global hashrate share reached 4.3%.
  • Petro called the initiative "an immense boost to the development of the Caribbean," and suggested co-ownership for the Wayúu, Colombia's largest Indigenous group based on the coast.
  • The Caribbean coast offers significant untapped wind and solar capacity, which Petro aims to monetize while avoiding fossil-fuel emissions that have historically concerned the industry elsewhere.
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Key Points of the News Colombian President Gustavo Petro is exploring the Caribbean coast as a base for Bitcoin mining driven by renewable energy surpluses. Cities like Barranquilla, Santa Marta and Riohacha are under consideration for their infrastructure and access to the electricity grid. The proposal also includes participation of the Wayúu community, seeking to combine digital growth, local inclusion and energy use. Colombia is moving forwa…

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Blockchain & Cryptocurrencies Tabloid broke the news on Wednesday, May 6, 2026.
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