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Topic: Mining tax in Kazakhstan - page 2. (Read 290 times)

copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
June 30, 2021, 06:22:55 PM
#2
This might even be just them trying to look like they're doing something to anyone looking in. Unless they're selling electricity at a loss, there's not really an economic reason for doing something like this (there might be a political one to make it look like they're against crypto mining). Constant electricity usage (for example by running mining hardware) is much cheaper to supply than fluctuating usage - that's why some countries make off peak/night and holidays electricity cheaper if they can track it.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
June 30, 2021, 05:56:46 PM
#1
https://coinspot.io/law/asia-and-africa/minenergo-kazahstana-prokommentirovalo-zakon-o-nalogooblozhenii-majnerov/

"We are talking about an additional payment in the amount of 1 tenge for 1 kW of consumed electricity. The law will come into effect next year."

1 tenge = 0.0023 dollars

In this interview it was said that the price of 1 kilowatt of electricity in Kazakhstan: " In some regions there are rates of $ 0.03-0.04, influential people are able to get a price of $ 0.02."
https://bitcointalksearch.org/topic/interview-crypto-business-in-kazakhstan-5313966

I think this is a very small tax.


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