Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
![Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil](https://cryptoinvestment.at/wp-content/uploads/2024/07/excessive-greed-more-bitcoin-mining-companies-are-abandoning-paraguay-for-brazil.jpg)
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure 400MW of energy in Brazil. This could be a potential destination that other companies are considering. Paraguayan Bitcoin […]