[Paraguay Plans to Terminate Special Electricity Contracts for Crypto Mining Companies by the End of 2027; AI Companies Compete for Hydropower] According to a report by CoinDesk on November 14th, Paraguay's national electricity company, ANDE, plans to expire all special electricity contracts for crypto mining companies on December 31, 2027. This is due to increasing domestic electricity demand and competition for cheap hydropower among AI companies, which is exacerbating power supply pressures. ANDE expects to earn $350 million from crypto mining companies in 2026; as of April, mining companies had contracted approximately 944 megawatts of electricity. The company's engineers proposed limiting the combined electricity consumption of mining, AI, and data centers to 700 megawatts starting in 2028, allocating power through bidding; this proposal has not yet been adopted. Meanwhile, Kuntur, an affiliate of the AI project Iguazú AI City, has signed a 15-year power supply contract with ANDE, with a power supply cap of 286 megawatts.