ChainCatcher reported that according to Bitcoin.com, the Paraguayan National Electricity Administration (ANDE) announced an increase in electricity prices for Bitcoin and cryptocurrency mining operations in the country. ANDE increased electricity prices for crypto asset mining, blockchain, tokens and data centers by 14%, which may affect the feasibility of maintaining these activities in the country.

Due to the lack of clarity in the field, this price increase has caused a company that planned to invest more than $400 million in the country to withdraw.