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

Source: coinDesk November 13, 2026 · 15:30
Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out
From the publisher
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.
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CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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