Sunday 15 November
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Paraguay's bitcoin mining power contracts expire in 2027 as AI campus deal signed

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Contracts selling power to a 4% slice of global bitcoin mining at $44 per megawatt-hour expire on 31 December 2027, and Paraguay's state utility says that date is final. The utility has just signed a 15-year deal to supply a Founders Fund-backed AI campus, with the headline putting miners' annual payments to Paraguay at about $350 million.

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  1. Fri 13 NovemberBitcoin miners pay Paraguay $350 million a year, but AI is pushing them outCoinDesk

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