!['Excessive Greed:' More Bitcoin Mining Companies Abandon Paraguay for Brazil](https://static.news.bitcoin.com/wp-content/uploads/2024/07/a0e50fe1-5492-4ad0-9e07-849f73615829-768x432.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 […]