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Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations – Mining Bitcoin News – Bitcoin.com News

Paraguay recently announced a 14% increase in power fees for Bitcoin mining operations. As a result, many companies are considering halting their mining operations in the country. This decision comes as a blow to the mining industry in Paraguay, as higher fees may make it less profitable for companies to continue their operations. The increase in power fees has caused concern among cryptocurrency miners, who are now weighing their options and considering the future of their operations in the country.

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