Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations

[Bitcoin]

Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations

The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to the lack of clarity in the area. Paraguay Raises […]

Source: Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations