Kazakhstan’s President Kassym-Jomart Tokayev has approved new tax rates for crypto miners – and tax bodies have been instructed to charge miners at a rate of up to USD 0.052 per kilowatt hour (kWh) as of January 1, 2023. Currently, miners have to pay a flat rate of just over USD 0.002 per kWh consumed. But following a winter that was blighted by crypto mining-related power shortages, the government resolved to force bitcoin (BTC) and crypto miners to pay more. ...Read More: Kazakhstan to Increase Bitcoin Mining Tax Rates from 2023
$285 Million in Bitcoin Shorts Wiped Out
