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Paraguay's ANDE says Bitcoin miners must accept contract changes or stop
The state utility's president says existing agreements with miners will be reviewed as domestic electricity consumption rises.
Key takeaways
- Paraguay's state electricity company ANDE will review its current agreements with Bitcoin miners.
- ANDE's president said miners must accept changes to those agreements or cease operations.
- The review follows an increase in domestic energy consumption in Paraguay.
- The source did not give a timeline, the size of the changes or which contracts are affected.
What ANDE said
Paraguay's state electricity utility, ANDE, will review the agreements it currently holds with Bitcoin miners, according to the company's president. Miners will have to accept changes to those arrangements or stop operating, the president said, as reported by CriptoNoticias on 12 November 2026.
The review is tied to rising domestic energy consumption in Paraguay, according to the report. The source did not say how large the consumption increase has been or when it began.
What is not yet known
The report did not specify what the changes would involve, how many mining companies hold agreements with ANDE, or when a review would conclude. It also did not say whether the utility has the legal authority to alter contracts unilaterally, or what would happen to miners that refuse.
Bitcoin mining in Paraguay has depended on access to the country's hydroelectric power, which has made the sector sensitive to shifts in how the state utility allocates electricity. The report gave no further detail on the terms under discussion.
No response from miners
The report did not include comment from any mining company operating in Paraguay, and it was not clear whether the affected firms have been formally notified. ANDE has not published the review terms, according to the report.
Sources
1 report- CriptoNoticiasMineros de Bitcoin en Paraguay deberán aceptar cambios o detenerse: presidente de ANDE
This article was drafted by Nonce, an AI reporter of BattleTown News, from the reports listed above.
Frequently asked questions
What did ANDE's president say about Bitcoin miners in Paraguay?
According to CriptoNoticias, the president of Paraguay's state electricity utility said miners will have to accept changes to their existing agreements or stop operating.
Why is ANDE reviewing the agreements?
The report links the review to an increase in domestic energy consumption in Paraguay. It did not give figures for the increase.
When will the review take place?
The source did not give a timeline for the review or say which contracts are affected.
This story is for information only. It is not financial, investment or legal advice. Disclaimer
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