The energy Ministry commented on the idea of special low rates for miners

© RIA Novosti / Evgeny to Betemporary in fotoracconti with the logo of the cryptocurrency bitcoin. Archive photoThe energy Ministry commented on the idea of special low rates for miners© RIA Novosti / Evgeny to Betemporary the image Bank

Electricity tariffs in Russia are among the lowest in the world, this makes placement capacity for mining in our country is quite attractive, and while no one has been able to explain why miners need special rates, said RIA Novosti in the Ministry of energy.

The newspaper «Vedomosti» on Friday, citing the concept of regulation of mining, announced that the Ministry of communications plans to allow mining to citizens and businesses and to provide miners of the quota of electricity and a special rate. This will be a special detection system miners – on the structure of the current consumption, and Internet traffic. Miners wait two years for tax breaks, then the legal person will pay income tax; what tax will pay for private miners, the concept is not said. The concept is being finalized.

As have informed Agency in the press-service of the Ministry, representatives of the Ministry took part in the discussion of the concept of regulation of mining, which was held in the Ministry of communications on January 23.

«The conversation about the special tariffs went on. But so far nobody has been able to explain why they should be «special». In the Russian Federation at present, tariffs are among the lowest in the world. This already makes the location of the computing power on the territory of Russia is quite attractive,» — said the press service.

As noted in the Department, the issue of discovery included mining facilities for the consumption current and the generated Internet traffic was also discussed.

«It is technically possible. However, you must understand that such processes and activities should be economically viable. Perhaps we should track only the large nodes that provide this activity on an industrial scale. After all, to engage in mining is possible and with a fairly modest computing power. Technical, organizational and regulatory side of the issue to be worked out in the period of tax holidays, which imply the concept of», — explained in the Ministry.

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