Argentina Raises Electricity Tariffs for Crypto Miners – ‘Pressure’ Mounts on Miners?
Crypto miners in Argentina are set for a rise in energy costs, after the Ministry of Economy published a revised list of electricity rates. Per Livecoins, the Ministry has set miners a new rate of 17,240 Argentine pesos...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per Livecoins, the Ministry has set miners a new rate of 17,240 Argentine pesos (around $63.30 at the time of writing) per megawatt-hour (MWh), the highest band on the ministry’s scale.
By contrast, residential energy costs are heavily subsidized, with households entitled to enjoy subsidies of up to 70%....
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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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