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Tag: Brazil

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

August 5, 2024 wp-bot Bitcoin News

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be

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Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment

July 30, 2024 wp-bot Bitcoin News

A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to

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Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil

July 22, 2024 wp-bot Bitcoin News

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

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Triple-A: Argentina and Brazil in the Top Ten Of Countries With Most Cryptocurrency Ownership

July 18, 2024 wp-bot Bitcoin News

Argentina and Brazil are part of the top ten countries with the most crypto ownership, according to a recent report issued by Triple-A, a provider

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Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil

July 11, 2024 wp-bot Bitcoin News

Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations.

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Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina

July 8, 2024 wp-bot Bitcoin News

The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such

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