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Bitcoin Miners Blamed for Energy Issues as Kazakhstan Looks to ‘Limit’ Mining
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Bitcoin (BTC) and altcoin miners fleeing China’s crypto crackdown to neighboring Kazakhstan have been hit with a fresh setback – with signs the nation’s grid may be struggling to deal with an increase in demand.
As the cold winter months approach, warning bells have begun to ring, with the Ministry of Energy announcing that disruptions had been experienced at three of the country’s biggest power plants.
Per Plus World, the ministry has responded by creating a “draft law” that would “limit the total capacity of [crypto] mining installations operating in Kazakhstan to a maximum of 100 MW.”
The news will hit industrial miners hardest of all: if adopted, the draft bill would also cap production at individual centers, with “facilities” told they
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