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

Share This Post

Increasing Power Fees Start Driving Bitcoin Mining Companies From Paraguay to ArgentinaThe 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 […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review

Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency Blackrock announced its support

Vitalik Buterin Donates 100 ETH To Tornado Cash Campaign Following Memecoin Offload

Ethereum (ETH) co-founder Vitalik Buterin has drawn much applause by donating a substantial amount of assets in legal aid of the Tornado Cash developers Notably, this act comes after the prominent

Coinbase to Delist USDT in Europe Amid New EU Regulations

Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024

Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?

The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4 The premier cryptocurrency continues to hover around the $62,000 mark,

Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention

Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency In a recent interview, Galperin

US Spot Bitcoin ETFs Open Q4 2024 With $300 Million Weekly Outflows – Details

Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million This development occurred in tandem with Bitcoin’s bearish