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Government of Uzbekistan Triples Tax on Electricity for Crypto Miners

The government of the Republic of Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency miners.According to a Sept. 27 announcement, the Cabinet of Ministers of the Republic of Uzbekistan has decreed that cryptocurrency miners must pay three times more the existing electricity tariffs. The provision follows an

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Bitmain to Launch Platform for Connecting Miners and Farms in October

Chinese crypto mining hardware giant Bitmain will launch a platform connecting global crypto miners with farm owners in October.World’s first resource to connect farms and minersThe platform, dubbed World Digital Mining Map (WDMM), will be officially launched during the World Digital Mining Summit (WDMS) taking place in Frankfurt between

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Blockchain Mining Project Pi Network Nears 500,000 Mobile App Miners – Reaching First Halving

Pi Network, a rapidly rising star in the blockchain world is close to reaching its first halving – to take place when half a million users are registered (currently at 450,000+).  advertisement The project’s mission is bold – to build the world’s most inclusive peer-to-peer marketplace, fueled by Pi, the world’s most

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Iranian Crypto Miners Tax Exempt If They Repatriate Offshore Earnings

Cryptocurrency miners in Iran will be eligible for a tax exemption if they agree to repatriate their overseas earnings, according to Iran's National Tax Administration (INTA).Per a report by local English-lanuage news daily Financial Tribune, INTA introduced a repatriation tax exemption similar to the one it offers non-oil exporters.INTA

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