Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news
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Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry
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Kazakh ministry halts illegal crypto mining operations
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement.
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Kazakhstan likely to lose Bitcoin hash rate leadership in next index update
Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan.
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Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The
Read moreKazakhstan president calls for hefty taxes on crypto miners
Crypto mining activities in Kazakhstan have skyrocketed over the past few months, with the country now ranking as the second-largest Bitcoin miner by network hash
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