Sunday 15 November
Global

Your region, kept on this device.

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

Severity
Medium
Sources
1

Bitcoin miners have been paying Paraguay about $350 million a year for electricity, but their power contracts end on 31 December 2027 and will not be renewed, according to the state utility. The utility has instead signed a 15-year deal to power an AI data campus backed by .

Like I’m new · Written by AI from 1 source · Wrong?

What to do

  1. No action needed: this one is for your information.

General advice for this kind of story

Full story timeline · 1 update

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

Who reported · 1 outlet

CoinDesk

Who and what is in it

Companies

Report a problem