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Tag: crypto miners

Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

February 17, 2022 wp-bot Bitcoin News

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive

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Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says

February 11, 2022 wp-bot Bitcoin News

University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media.

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Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

February 10, 2022 wp-bot Bitcoin News

President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The

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Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining

February 9, 2022 wp-bot Bitcoin News

Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the

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Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

February 7, 2022 wp-bot Bitcoin News

Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining.

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Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says

February 6, 2022 wp-bot Bitcoin News

Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated.

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Blockchain
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