Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

by CryptoExpert

August 6, 2024

in Mining

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining Companies […]

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This Group of Four Now Dominates Over 70% of a Key Blockchain Resource

Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it

Bitcoin miners are pivoting to AI, so why is the hashrate near ATHs?

Tags: Bitcoin

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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on...