Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
![Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations](https://cryptosuperhero.com/wp-content/uploads/2024/07/Paraguay-Raises-Bitcoin-Mining-Power-Fees-by-14-Companies-Mull.jpg)
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the profitability of these activities. The rise have already caused the exit of a company that planned to invest over $400 million in the country due to the lack of clarity in the area. Paraguay Raises […]
Source: https://news.bitcoin.com/paraguay-raises-bitcoin-mining-power-fees-by-14-companies-mull-stopping-operations/