{"id":50534,"date":"2021-10-01T19:07:47","date_gmt":"2021-10-01T16:07:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50534"},"modified":"2025-09-02T18:37:13","modified_gmt":"2025-09-02T15:37:13","slug":"kyrgyz-government-approves-new-electricity-tariffs-for-miners","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kyrgyz-government-approves-new-electricity-tariffs-for-miners\/","title":{"rendered":"Kyrgyz government approves new electricity tariffs for miners"},"content":{"rendered":"<p>The government of Kyrgyzstan <a href=\"https:\/\/www.gov.kg\/ru\/npa\/s\/3327\">approved<\/a> new electricity tariffs for 2021-2025. They provide for higher electricity prices for mining activities.<\/p>\n<p>The higher tariffs for mining entities were attributed to the energy-intensive nature of cryptocurrency mining. For electricity consumption for mining, 2.52 som per kWh will be charged.<\/p>\n<p>In addition, for this category of activity, as well as gold-mining factories and alcohol production facilities, a multiplier of 2 will be applied.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abThus, for this category of consumers, the tariff will be set at a level that compensates the costs of electricity generation at CHP plants, taking into account its delivery to the consumer\u00bb, the document states.<\/p>\n<\/blockquote>\n<p>From 2022, electricity tariffs will be adjusted in line with the actual inflation rate of the previous year.<\/p>\n<p>Back in 2020, Kyrgyzstan&#8217;s parliament, in the third reading, passed a bill amending the Tax Code to tax mining. It imposes a 15% tax on sector participants.<\/p>\n<p>In 2021, the National Bank of Kyrgyzstan announced plans <a href=\"https:\/\/u1f987.com\/en\/news\/kyrgyz-central-bank-to-license-cryptocurrency-trading\">to license cryptocurrency exchange operators<\/a>, and the cabinet presented <a href=\"https:\/\/u1f987.com\/en\/news\/kyrgyz-cabinet-unveils-draft-regulation-for-bitcoin-exchanges\">a project to regulate Bitcoin exchanges<\/a>.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kyrgyz government approved new electricity tariffs for 2021-2025. They provide for higher electricity prices for mining activities.<\/p>\n","protected":false},"author":1,"featured_media":50535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,504,141,36],"class_list":["post-50534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-energy","tag-kyrgyzstan","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"49","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=50534"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50534\/revisions"}],"predecessor-version":[{"id":50536,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/50534\/revisions\/50536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/50535"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=50534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=50534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=50534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}