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For the full article visit: https://thenextweb.com/hardfork/2020/01/16/uzbekistan-national-cryptocurrency-mining-pool/

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Miners in the pool will be elligible for discount electricity, allegedly

In an unusual move, Uzbekistan is reportedly looking to create a national cryptocurrency mining pool and digital asset exchange.

One of the country’s government bodies, the National Agency for Project Management (NAPM), shared its plans at a press conference earlier this week, news.bitcoin.com reports.

[Read: An introduction to Bitcoin and cryptocurrency mining pools]

According to the report, the country’s national cryptocurrency mining pool will incentivize domestic and foreign miners to work together.

Miners that join the pool will allegedly receive discounted electricity rates.

Local news reported the country is setting up the pool in a bid to increase transparency and security of cryptocurrency mining in the country.

The NAPM also reportedly claims the pool will help improve energy efficiency in the sector. Specifically how it sees this happening, though, hasn’t been mentioned.

What’s more, the country also wants to establish a supporting c

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RITOCOIN: BADeztjN1oDKCDBF7SgSf75UyRNiBWAxX6
SAFECOIN : RgkyeSuFsW8Bp3a6r5UTX8ik8Qhu2q3TY9
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