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Core Scientific moves for September bankruptcy exit, expects $46M boost
24.5.2023
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
15.4.2022
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners...
Kazakhstan proposes power price hikes and taxes targeting crypto miners
8.2.2022
The central Asian country’s government has proposed three price increases to electricity and taxes specifically targeting crypto miners
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
3.10.2021
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More...