Hashrate Index: Brazil and Venezuela Show Potential to Increase Latham’s Bitcoin Mining Share

Hashrate Index: Brazil And Venezuela Show Potential To Grow Latam'S Bitcoin Mining Share


Key Takeaways:

In the year In 2026 Hashret The index report highlights Latham's mining growth, with Paraguay accounting for 4.3% of global. Hashrate. Brazil grew. Bitcoin Hashrate 133% YoY as miners save lower tariffs directly from power plants. Future Venezuelan jobs can Use Capable of capturing energy captured through OFAC permits.

Hashrate Index Latham Bitcoin mining Report shows the potential of Brazil and Venezuela

While the international share Bitcoin mining Hashrate Dominated by countries like the US, China and Russia, Latham could be on the verge of becoming a major player in this market.

As he says Hashret The index “of Bitcoin mining In Latin America (2026)” report, Paraguay ranks fourth in hosting the most. bitcoin Hashrate At 43 EH / s and 4.3% of the international HashrateBrazil and Venezuela to grow and trust to a Bitcoin mining A superpower.

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Brazil, which increased Hashrate With a share of 133% over the year, it has opened up new opportunities for miners, because now they can negotiate directly with companies in the power generation market to lock in tariffs, bypassing distributor tariffs and other additional fees.

While the report notes that power generation will outpace distribution, the Sul region, with a small amount of industrial power, Bitcoin mining A paradise for companies looking to enter the Bitcoin mining industry.

On the other hand, Venezuela shows an untapped potential as it registers 5 EH/s even in the current situation. The report says:

“Venezuela has the same level of energy supply as any other country in Latin America, and the OFAC licensing framework is unlocking the country's energy.”

Due to faults in the power grid, a large amount of power cannot be transferred to the end user. Bitcoin mining deployed near the sources of origin can catch it before it disappears.

“There is already a template for private capital to enter the Venezuelan energy sector with OFAC approval. Bitcoin Miners can Use It is the same legal structure,” the report concluded.

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