Insider: ‘Vulture Contracts’ Affecting Bitcoin Mining Development in Paraguay

Updated: December 22, 2024



Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these contracts that have not been taken advantage of and are blocked […]



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