Government of the Republic of Uzbekistan ordered to increase electricity tariffs used by mining companies in 300% – BitcoinDoubler2x learned.
The Cabinet of Ministers of Uzbekistan took a decision in accordance with the decree of the country`s President of August 22, 2019 № PP-4422 “On accelerated measures to increase energy efficiency in economic sectors and social sphere, the introduction of energy-saving technologies and the development of renewable energy sources”.
The initiative is aimed to stimulate further energy-saving, increase energy efficiency in economic sectors and social sphere, and also rational use of electricity by suppliers. They note in the decree:
“Consumers, regardless of the connected capacity, carrying out activities on crypto assets, including mining, pay for electricity using an increase factor of 3.0 times the established tariff of the corresponding tariff group”.
Let`s not that authorities of Uzbekistan treat blockchain technologies quite positively. In such a way, in March of this year the Ministry of Innovative Development of Uzbekistan and the national payment system of the country Uzcard announced about creation of blockchain-based unified electronic car accounting system.