---
title: "Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out"
url: https://thecoingazette.com/bitcoin-miners-pay-paraguay-350-million-a-year-but-ai-is-pushing-them-out/
date: 2026-11-13
modified: 2026-11-13
lang: en
author: "Coin Gazette Editorial"
description: "Contracts that sell power to a 4% slice of the world’s bitcoin mining at $44 a megawatt-hour expire on Dec. 31, 2027. Paraguay’s state utility calls the date final, and it has just signed a 15-year deal to power a Founders Fund-backed AI campus."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1
word_count: 44
---

# Bitcoin miners pay Paraguay $350 million a year, but AI is pushing them out

Contracts that sell power to a 4% slice of the world’s bitcoin mining at $44 a megawatt-hour expire on Dec. 31, 2027. Paraguay’s state utility calls the date final, and it has just signed a 15-year deal to power a Founders Fund-backed AI campus.