⚡ Paraguay is ending cheap power deals for Bitcoin miners as AI moves in
Paraguay's state utility ANDE plans to let all special crypto mining power contracts expire on Dec. 31, 2027, a deadline it calls non-negotiable. Miners hold about 944 MW at a flat $44/MWh, paying a projected $350M in 2026, and Paraguay hosts roughly 4% of global Bitcoin hashrate. ANDE engineers propose capping mining, AI and data centers at 700 MW combined, auctioned with a $56/MWh floor. Meanwhile, a firm linked to the Founders Fund-backed Iguazú AI City has signed a 15-year deal for up to 286 MW.
⭐ Losing one of the world's cheapest mining hubs would squeeze miner margins, with Nasdaq-listed HIVE alone running about 77% of its capacity in Paraguay.
#Bitcoin #BTC #BitcoinMining #Paraguay #AI
Paraguay's state utility ANDE plans to let all special crypto mining power contracts expire on Dec. 31, 2027, a deadline it calls non-negotiable. Miners hold about 944 MW at a flat $44/MWh, paying a projected $350M in 2026, and Paraguay hosts roughly 4% of global Bitcoin hashrate. ANDE engineers propose capping mining, AI and data centers at 700 MW combined, auctioned with a $56/MWh floor. Meanwhile, a firm linked to the Founders Fund-backed Iguazú AI City has signed a 15-year deal for up to 286 MW.
⭐ Losing one of the world's cheapest mining hubs would squeeze miner margins, with Nasdaq-listed HIVE alone running about 77% of its capacity in Paraguay.
#Bitcoin #BTC #BitcoinMining #Paraguay #AI
