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Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina

July 8, 2024
in Bitcoin
Reading Time: 1 min read
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Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
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The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A joint venture between Argentine and Brazilian companies recently announced an 8 MW initiative aiming to generate 200 MW by 2026, and more will migrate according […]
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