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Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages

In a Nov. 4 interview with local news outlet Tengrin News, Minister of Energy Magzum Myrzagaliev said that Kazakhstan’s electricity demand had been steadily growing by 1%-2% annually until about 10 months ago. Starting 2021, demand has grown 8%, or about 1,000MW-1,200MW, which Myrzagaliev said was due to crypto mining. Source link … [Read more...] about Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages

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Recent Posts

  • Mt. Gox’s former CEO floats hard fork to recover 80K hacked Bitcoin
  • MoonPay PYUSDx Framework Is Bringing App-Specific Stablecoins to the Mainstream
  • Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
  • Crypto betting firm Stake secures naming rights to Sauber’s F1 Team
  • Bitcoin price breaks above $45K, days ahead of potential ETF approval

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ADA Bank Billion Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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