Kazakhstan Bitcoin miners could be subject to increased taxes – InsideBitcoins

After China banned Bitcoin mining activities, Kazakhstan became the ideal location for migrating miners.

Before this tax plan, Kazakhstan was a favourable location for miners because of providing cheap energy.

Bitcoin miners in Kazakhstan are already complaining about the shifting regulatory framework.

“A gradation is being considered: for example, up to $40,000 one tax, over $40,000 another tax, etc.

A rise in the mining tariff could soon be announced, and miners have to deal with regular power interruptions.

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