July 20, 2024

Rise To Thrive

Investing guide, latest news & videos!

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

1 min read
Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
Rising Power Fees Begin to Drive 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 […]