**Paraguay's Crypto Miners Face Shocking Price Hike ⚡**

- Crypto miners in Paraguay are pleading with the government to rethink an electricity price hike set for August 1.

- ANDE, the national electricity grid operator, announced a 16% increase, following a 54% hike in 2022.

- Jimmy Kim from Capamad warns that 70% of legal miners could go out of business, risking $1.5 billion in investments and thousands of jobs.

- While ANDE aims to curb illegal mining, Capamad urges a review to protect legitimate operators and the economy.

Stay tuned for more electrifying updates!