Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out
CoinDesk ·
Contracts that sell power to a 4% slice of the world’s bitcoin mining at $44 a megawatt-hour expire on Dec. 31, 2027. Paraguay’s state utility calls the date final, and it has just signed a 15-year deal to power a…
Read the full story on CoinDesk →
A short extract from CoinDesk, shown with a link to the original. The article and its picture belong to the publisher. Coinbell doesn't write or check these stories. Not financial advice. Are you the publisher? Ask us to remove it.