Paraguay to End Special Power Contracts for Crypto Miners by End-2027

Cointime update: Paraguay’s state utility ANDE said on November 14 that special electricity contracts for high-consumption users, including crypto miners, will terminate on December 31, 2027, and will not be renewed under current rules. Operators holding those contracts draw 943.8 MW from Paraguay’s surplus hydropower. The move is expected to significantly affect HIVE Digital Technologies, which runs about 77% to 80% of its active mining capacity in Paraguay. ANDE is meanwhile signing 15-year power supply agreements with AI data centers.