Kazakhstan, which is a popular destination for cryptocurrency miners, is considering 3 different proposals that will allow more payments from cryptocurrency miners operating in the country.
On February 4, Kazakhstan Deputy Finance Minister Marat Sultangaziyev announced electricity fees for cryptocurrency miners per Kwh. 0.0023 from dollars 0.01 dollars (about 335% increase) suggested its removal. With this proposal, it is thought that Kazakhstan’s attractiveness for the mining sector, which is thought to be cheap, will decrease.
In addition, it was proposed to charge taxes for each video card and mining device, regardless of whether it is used or not. Another suggestion is in mining hardware. from value added tax It was stated that this exemption of miners who were exempted was to end. For this reason, Kazakhstan will be used in Bitcoin mining. ASIC devices, GPU systems and refrigeration units It is planned to collect taxes on such equipment.
crypto mining in china completely over then one of the miners’ next stops Kazakhistan, country last month power outage due to disturbances had lived.
Before this new tax proposal came, it was one of the largest mining companies in Kazakhstan. BIT Mining, He stated that he would not move to another place due to political turmoil.
of Kazakhstan 2021 in electricity consumption compared to the previous year. 8% reported to have increased.