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Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
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Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations

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Source: Bitcoin.com

Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping OperationsThe National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to the lack of clarity in the area. Paraguay Raises […]

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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. Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations
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