Author - Аймира Куаныш
The Tech AI
Get the key points in seconds - a short summary from The Tech AI.
President of Kazakhstan Kassym-Jomart Tokayev signed a bill introducing differentiated tax rates for digital mining. The tax increases when cheap electricity is used to reduce load and consumption, and the rate decreases if the energy is obtained from renewable sources.
Kazakhstan's President Kassym-Jomart Tokayev has signed a bill introducing amendments to the tax legislation, including the introduction of differentiated tax rates for digital mining.
This involves increasing the mining tax when cheap electricity is used, which is necessary to distribute the load and reduce electricity consumption. At the same time, the rate is reduced if the energy is sourced from renewable sources.
Source: tengrinews.kz
The Tech on Telegram Follow The Tech on Telegram
Keep up with the latest technology and startup news.