Kyrgyzstan's crypto mining tax revenue is expected to drop by more than 50% in 2024, from 93.7 million soms in 2023 to 46.6 million soms. Mining activity appears to be declining despite the country's rich untapped hydropower resources. The tax rate is 10% of the electricity bill, including VAT and sales tax. What do you think, miners? Is it the tax policy that has affected mining enthusiasm, or is there another reason? Feel free to share your thoughts in the comments! 💡#blockchain#cryptomining #energyutilization