Morning Edition · Saturday, November 14, 2026Published at 12:48 AM EST · New York

Paraguay's State Utility Says Bitcoin Miners' Cheap Power Contracts End in 2027 as It Signs a 15-Year AI Deal

Miners paying $44 per megawatt-hour, about 4% of the world's bitcoin mining, pay Paraguay roughly $350 million a year, and the utility calls the December 31, 2027 expiry final.

Paraguay's state electricity company, the Administración Nacional de Electricidad (ANDE), has told bitcoin miners that contracts selling them power at $44 per megawatt-hour expire on December 31, 2027, and it calls that date final, CoinDesk…