Paraguayan miners urge electricity commission to reconsider tariff hike, say could cost $1.5 billion

On July 19, the National Electricity Administration (ANDE), the operator of the Paraguayan national grid, announced at a press conference that it would continue to raise electricity prices for legal crypto miners as planned. However, Paraguayan crypto miners urged the country's regulators to reconsider the upcoming increase in electricity prices, believing that it would damage the country's economy and could cause losses of up to $1.5 billion. (Cointelegraph)