Crypto

Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out

28 minutes ago · CoinDesk
Global
& newspaper;
Sourced From
CoinDesk
Read Full Article →

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 Founders Fund-backed AI campus.

Source: CoinDesk — Read full article →


Content sourced from third parties. Copyright belongs to original publishers.

Source: CoinDesk — Read full article at source →

Content sourced from third parties. Copyright belongs to original publishers. Only excerpt and link are stored under fair use.

Request Takedown