Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

2019-9-30 15:00

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

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miners uzbekistan raising fears power price plans

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Crypto Miners in Republic of Uzbekistan Slammed with 3x Taxes on Electricity

On Friday, September 27, 2019, the government of the Republic of Uzbekistan has decided to triple taxes on electricity for crypto miners. Approved by the Cabinet of Ministers and embedded in, “On Accelerated Measures to Improve Energy Efficiency in Economic and Social Sectors, Implementation Energy Saving Technologies and the Development of Renewable Energy Sources,” the […]

2019-9-30 15:29