Miners Will Only Be Allowed to Mine in Uzbekistan with Solar Energy | news

The National Agency for Prospective Projects (NAPP) of Uzbekistan has just developed a regulation on the registration of cryptocurrency miners.

According to the document, cryptocurrency mining can be performed exclusively by a legal entity using electricity produced by a “solar photovoltaic station.”

At the same time, miners can be connected to a single power grid with a separate meter under the following conditions:

During the peak period from 17:00 to 22:00 hours, according to the corresponding tariffs, taking into account the allocations established by the Council of Ministers and during the night period from 22:00 to 06:00 with the application of a double multiplier to the established tariff.

Subscribe to our telegram channel to get daily short digests about events that shape the crypto world

Cryptocurrency miners must register with the NAPP. The certificate will be valid for one year and will require the payment of a fee equivalent to around $553.

Miners must meet several requirements to obtain the license. For example, they must connect to an operating solar photovoltaic plant, operate only at the address specified during registration and report operations upon request of the regulator.

https://forexsites.info

Author of articles on trading and investments, which I have been doing for more than 8 years. Even from your phone, you can open a deal, buy shares, build up capital in assets that will bring dividends even when you stop working. You can't just not think about it.

Leave a Reply

Your email address will not be published.