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Mining Bitcoin News

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

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 stat...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Insider: ‘Vulture Contracts’ Affecting Bitcoin Mining Development in Paraguay
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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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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