Odaily Planet Daily News Argentina’s Ministry of Economy has released a list of electricity rates that will increase cryptocurrency mining electricity rates. The document stipulates that mining activities cost 17,240 Argentine pesos per megawatt hour, which is approximately US$63.3. Residential energy enjoys a 70% subsidy and the price is approximately US$11.3 per megawatt hour. The revised rates will take effect on August 1 and will last until October 31, 2023, at which time they may change again. (Cryptonews)