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Coinnounce 2022-02-08 05:43:53

Kazakhstan plans to raise energy prices and taxes for crypto miners.

Kazakhstan government is considering a three-pronged proposal designed to make crypto miners pay much more for operating in the country, which could make the Central Asian country less attractive to the industry. Kazakhstan’s First Vice Minister of Finance, Marat Sultangaziyev, proposed a price increase from $0.0023 per Kwh to $0.01 (around a 335% increase), targetting crypto miners. […]

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