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Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out
◉ COINDESK · CRYPTO & BLOCKCHAIN · RT-569495

Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out

⌖ COINDESK · NEW YORK⏱ ✓ SOURCE · coindesk.com/tech/2026/11/13/bitc…SHA-256 CFB24E3E·C45E269D

COINDESK · NEW YORK — Contracts that sell power to a 4% slice of the world’s bitcoin mining at $44 a megawatt-hour expire on Dec. 31, 2027. Paraguay’s state utility calls the date final, and it has just signed a 15-year deal to power a Founders Fund-backed AI campus.

CODE
RT-569495
PUBLISHER
CoinDesk
TOPIC
Crypto & Blockchain
PUBLISHED
13 November 2026 · 23:30 UTC
FIRST SEEN
13 November 2026 · 23:45 UTC
ORIGINAL
https://www.coindesk.com/tech/2026/11/13/bitcoin-miners-pay-paraguay-usd350-million-a-year-but-ai-is-pushing-them-out
SHA-256
cfb24e3ec45e269da505c4fce21e924de59798cac13d3dd9204f56e0c55fef2f

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