Paraguay’s state utility says contracts supplying electricity to miners will end on Dec. 31, 2027. Those deals currently support about 4% of global Bitcoin mining at $44 per megawatt-hour and bring the country roughly $350 million each year.
The shift is already underway. The utility has signed a 15-year agreement to supply power to an AI campus backed by Founders Fund. Cheap electricity that once attracted miners is now being allocated to AI infrastructure.
For miners, Paraguay’s energy advantage may have a deadline.
$BTC $SHELL $BERA
The shift is already underway. The utility has signed a 15-year agreement to supply power to an AI campus backed by Founders Fund. Cheap electricity that once attracted miners is now being allocated to AI infrastructure.
For miners, Paraguay’s energy advantage may have a deadline.
$BTC $SHELL $BERA