🇺🇿 Uzbekistan Launches State-Backed Crypto Mining Zone


Uzbekistan is creating a special “Besqala Mining Valley” in the Republic of Karakalpakstan with major incentives for crypto miners.
Key benefits:
• Full tax exemption on mining income until January 1, 2035
• Only a 1% monthly revenue fee paid to the zone administration
• Encouragement for renewable energy and green mining
This is a bold move by the government to attract investment and position Uzbekistan as a mining hub in Central Asia.
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LanternSlippage
· 5m ago
1% monthly fee + tax exemption until 2035, miners directly rush?
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WilliamEth
· 10h ago
massive looking forward to it with title and heading long article on this one is a Long Article on the price of the next few days are good for you guys soon as
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TwoFactorZen
· 10h ago
This tax policy is too harsh.
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MultisigOnRocks
· 11h ago
Encouraging green energy is good, or else they'll be criticized for high carbon emissions again.
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PerpPaperTiger
· 11h ago
If the supporting infrastructure can integrate new energy power generation, consumption, and mining farms, it could really become a demonstration zone. Otherwise, mining power that is purely attracted by incentives will run even faster when market conditions turn bad.
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GateUser-2eca626f
· 11h ago
A 1% monthly management fee, which is lower than the comprehensive costs in many places. UZB is a transparent and straightforward investment promotion.
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MinimalistSculpturePedestal
· 11h ago
What are the resource conditions like in Karakalpakstan? Can someone knowledgeable give a brief explanation?
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TheRetreatButtonIsVeryLarge.
· 11h ago
The tax exemption period runs until 2035, which gives mining sites a long-term outlook and makes financing easier as well. The key is that the regulatory interpretation needs to stay consistent—don’t change direction after a few years. This is what foreign investors fear the most.
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