Crypto Updates

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

'Excessive Greed:' More Bitcoin Mining Companies Abandon Paraguay for Brazil


The 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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