Rising energy costs are driving Bitcoin mining companies from Paraguay to Argentina

Rising energy costs are driving Bitcoin mining companies from Paraguay to Argentina



The recent increase in energy fees imposed by Paraguay's National Energy Administration (ANDE) has bitcoin mining companies looking for alternatives in neighboring countries such as Argentina and Brazil. An 8MW initiative aimed at generating 200MW by 2026 was recently announced by a joint venture between companies in Argentina and Brazil, with more to come. […]

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