Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests

Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.

Also read: Defying Crypto Winter, Swiss Crypto Valley Grows to 750 Companies

Original source
https://news.bitcoin.com/crypto-mining-could-bring-russia-1b-in-taxes-report-suggests/

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