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Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
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Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil

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Source: Bitcoin.com

'Excessive Greed:' More Bitcoin Mining Companies Abandon Paraguay for BrazilThe recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure 400MW of energy in Brazil. This could be a potential destination that other companies are considering. Paraguayan Bitcoin […]

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Author: Sergio Goschenko

Related posts:

  1. Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized
  2. Paraguayan Authorities Shut Down 2,700 Miners in Largest Anti-Illegal Bitcoin Mining Intervention to Date
  3. National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
  4. Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
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