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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Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The...
