Paraguay's attractiveness to the mining industry is due to its access to cheap renewable electricity produced by the Itaipu hydroelectric power plant. The cost of electricity in the country is only $0.032 per kWh, which is significantly lower than tariffs in other countries, for example, in the USA, where the price can reach $0.20 per kWh. For bitcoin mining, where electricity is the main expense item, this provides a significant advantage.Low domestic electricity consumption is another reason f... Read More
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The European Commission plans to propose lowering the ceiling on oil prices from Russia to $45 per... Read More
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The European Union is considering reducing duties on fertilizer imports from the United States as... Read More
