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Crypto Miners Unimpressed by Gov’t Incentives

Crypto Miners Unimpressed by Gov’t Incentives Crypto Miners Unimpressed by Gov’t Incentives

The Energy Ministry's recently-announced discounts on power rates for authorized cryptocurrency miners seems to be not enough for making the business financially feasible.
In fact, some miners say even the new tariffs cannot improve the industry's competitiveness. 
Benyamin Abbasi, technical manager at an authorized crypto mining company, says, "The Energy Ministry is somehow right as it tries to find a solution for its problems. But countries like Georgia and Kazakhstan are now offering better and more attractive incentives to crypto miners."

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