The National Electricity Administration of Paraguay has raised electricity rates for cryptocurrency mining operators by 14%

ChainCatcher news, according to Bitcoin.com, the National Electricity Administration of Paraguay (ANDE) has increased electricity rates for cryptocurrency mining operators by 14%, impacting the profitability of cryptocurrency mining operators. Due to the lack of transparency in the region, this price increase has already led to the withdrawal of a company that planned to invest over $400 million in the country.