Digital infrastructure · Paraguay · Ethiopia · Since 2018
Paracan builds and operates Bitcoin-mining and data-centre infrastructure in Paraguay and Ethiopia — 53 MW built, 100% renewable power, no bank debt.
01 · The platform
01
Our own fleet: 4,000 S19 XP · 456 PH/s · 9 MW.
Earns Bitcoin
02
Client fleets at our sites, 17 MW in Ethiopia today.
Earns fees
03
Turnkey builds for a repeat client: 12 MW, still run by Paracan.
Earns fees
04
Sourcing, import, delivery: 20,000+ miners to date.
Earns fees
3 of 4 lines earn fees, not Bitcoin.
02 · Footprint
Headquartered in Asunción, with three data centres in Paraguay and a 20 MW site in Ethiopia — and a blueprint to develop AI sites across Latin America.
Next
Paracan has developed a blueprint to develop AI data-centre sites across Latin America — built on what we already do: securing renewable power, building turnkey and operating on the ground.
03 · Infrastructure
All 41 MW is energised, operating infrastructure — not a permit, an allocation or a plan. 27 MW is under load today.
Paraguay · owned
HQ in Asunción · Itaipú power via ANDE
Ethiopia
Built and operated · our first site abroad
53MW built
Every square is a megawatt
04 · Energy
Our sites draw on hydro-led national grids: Itaipú via ANDE in Paraguay, and Ethiopian Electric Power in Ethiopia.
From river to rack
The fleet steps back in peak-tariff windows, for about 80% run-time, and is cooled by evaporative walls and pads rather than energy-hungry chillers.
Renewable: generation mix of each site's national grid. Cost per BTC: energy plus site overhead at August 2026 difficulty; excludes depreciation, financing and tax. Unaudited model, not a forecast.
05 · Track record
Hosting client · 2024–2026
25 months
Hosted at our Paraguayan sites, February 2024 – March 2026.
Repeat developer client · 2024–2025
2 × 6 MW
PPA, land, design, construction and miners, delivered in 2024 and 2025. Both still operated by Paracan.
06 · History
From a single site to a regional operator: from running our own machines, to hosting institutional fleets, to building and operating facilities for others.
2017
The founders begin building data centres in Canada, then turn to Paraguay's renewable power.
2018
Paracan Group is founded.
End2019
Construction of the first data centre is completed.
Mar2020
Site 1 begins operating, and has run continuously ever since.
2020
Energy supply agreement signed with ANDE, Paraguay's national utility.
2021
Second site brought online. Iván Kronawetter joins to lead mining operations.
2021–22
Ranked among the world's top ten Litecoin miners.
2023
Hosting-partner agreement signed with Bitmain; family-office capacity hosted.
Feb2024
Bitmain hosting begins in Paraguay, and ground is broken on 20 MW in Ethiopia.
2024
A 6 MW facility delivered turnkey for a client, with ongoing operations.
Dec2024
20 MW delivered in ten months.
2025
Second 6 MW facility for the same client: 12 MW under Paracan management.
2026
4,000 Antminer S19 XP procured for our own account.
Jul2026
1,000 Antminer S21 XP for a Paraguayan energy company.
07 · People
Co-founder & Chief Executive Officer
Co-founder & Chief Operating Officer
VP — Operations
VP — Human Resources
Director of Mining Processes & Systematization
VP — Treasury
Head of Accounting
Head of IT & Software Development
08 · Community
Formal jobs, skills and spending that stay in the country where the power is generated.
33 employees
Formal jobs: all staff registered with IPS social security.
In-house teams
Recruitment and training led by our own HR team, with in-house maintenance and IT teams.
2020
Construction, metalwork and electrical engineering contracted from national industry.
5 municipalities
Municipal taxes paid in the five municipalities where we operate.
09 · Investor access
For funds, family offices, strategic partners and lenders. We respond personally.
Not an offer of securities.
