This article is about blockchain, business and technology news. Here is the summary:

Kyrgyzstan’s cryptocurrency mining tax failed to make a significant contribution to the economy despite crypto value increases in 2024. While 93.7 million som was collected in 2023, this figure decreased by more than 50% to 46.6 million som in 2024. The country’s mining tax is set at 10% of the electricity price. Kyrgyzstan is considered a suitable place for mining due to its vast renewable energy resources. However, only 10% of this potential has been developed. Crypto mining is thought to be able to balance the energy grid in the future. You can share your views in the comments.