Back to Search
Start Over
Kazakhstan's Cryptocurrency Mining Grows Despite Emissions Worries.
- Source :
- Diplomat; Oct2021, Issue 83, pC181-C184, 4p, 1 Color Photograph
- Publication Year :
- 2021
-
Abstract
- Kazakhstan has become the third-largest country in terms of energy consumed to "mine" Bitcoin, the world's most renowned cryptocurrency, an impressive development for a country essentially running on coal. According to recent amendments of Kazakhstan's Tax Code, from January 2022, crypto miners will have to pay one additional tenge (0.23 cents) per kWh, allowing for the government to receive more taxes from cryptocurrency mining. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 1446697X
- Issue :
- 83
- Database :
- Complementary Index
- Journal :
- Diplomat
- Publication Type :
- Periodical
- Accession number :
- 152808462