Cryptocurrency Market

Cryptocurrency Market

Menu
  • Market Cap: $2,393,113,562,158.15
  • 24h Vol: $53,365,551,873.29
  • BTC Dominance: 56.55%

power fees

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 Argentina

Leave a Comment / ANDE, Argentina, Bitcoin, Brazil, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Mining, Paraguay, power fees, zapala / / / , , , , , , , ,

The 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 […]

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

paraguayan-bitcoin-mining-companies-hurt-by-power-rate-hikes-of-over-50%

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

Leave a Comment / Bitcoin, Braiins mining, Crypto Hacked, Cryptocurrency, cryptocurrency law, Decree, Ethereum, hosting, Mining, Nano Grijalba, Paraguay, paraguayan, paraguayan congress, power fees / / / , , , , , , , , ,

Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power fees makes mining hosting an unprofitable business in Paraguay.

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50% Read More »