Russia promoting Crypto Mining with huge Incentives

Russia promoting Crypto Mining with huge Incentives

Crypto miners in Kaliningrad and several other regions can now become residents of the SEZ, investing only one million rubles. […]

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5 Mar 2018 , 18:19 @ Adam

Russia promoting Crypto Mining with huge Incentives

Crypto miners in Kaliningrad and several other regions can now become residents of the SEZ, investing only one million rubles. Like IT companies, they will be able to take advantage incentives like; exemption from income tax and property tax. Companies will also be able to apply for reduced social costs and can also be considered for reducing the cost of technical connection to connect crypto mining farms to a minimum and help in negotiations with resource-supplying organizations.

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