<![CDATA[Tax Breaks and Energy Flexibility Designed to Attract Global Miners to Karakalpakstan]]>8e29a90a-0a7e-43ee-9681-62020f4c4bb4-image.png
The “Besqala Mining Valley” in Karakalpakstan is part of a broader push by Uzbekistan to develop special economic zones and attract foreign capital. Unlike earlier restrictions that required miners to rely solely on solar energy, the new framework allows a mix of renewable, hydrogen, and grid electricity, with higher tariffs applied for grid usage.

The policy also aligns with Uzbekistan’s wider strategy of using tax-free zones to stimulate industrial growth in underdeveloped regions. Similar initiatives in Karakalpakstan have already targeted AI and data center investments, offering long-term tax exemptions to large-scale foreign projects.

Authorities expect the mining zone to contribute to broader economic development while bringing regulated crypto activity into the formal financial system, balancing innovation with tighter state oversight.

]]>https://undeads.com/forum/topic/18899/tax-breaks-and-energy-flexibility-designed-to-attract-global-miners-to-karakalpakstanRSS for NodeMon, 04 May 2026 00:35:44 GMTThu, 23 Apr 2026 04:52:24 GMT60<![CDATA[Reply to Tax Breaks and Energy Flexibility Designed to Attract Global Miners to Karakalpakstan on Thu, 23 Apr 2026 09:33:49 GMT]]>mine crypto but make sure the bank approves it first

]]>https://undeads.com/forum/post/51741https://undeads.com/forum/post/51741Thu, 23 Apr 2026 09:33:49 GMT