Tax subsidized “server halls” were bitcoin factories

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Published 18 April 2024 at 13.15

Economics. Many alleged server halls that were run with a tax discount in Sweden have been secretly used for so-called mining of cryptocurrencies, Ekot reports.

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– Det man have said that they have done is that they have worked with artificial intelligence or cartoons. We have seen nothing but vanishingly few signs that people even looked in that direction, says Patrik Lillqvist, head of intelligence at the Tax Agency.

In connection with its investigation into the phenomenon, the Tax Agency has assessed 18 computer halls with almost one billion kroner .

It is only about VAT money.

– We do not know how much money this banknote press has spit out in assets, says Patrik Lillqvist to Ekot.

Where the crypto money went, the Swedish Tax Agency cannot answer either.

A “reform” that applied between 2017 and 2023 meant that among other American internet giants such as Facebook had to operate data centers in Sweden with a very sharp reduction in the energy tax for electricity The tax discount was as much as 97 percent – despite the fact that a server hall can require the equivalent of half a nuclear power plant in electricity supply and there was a shortage of electricity in Sweden.

Server halls

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