Today news
About the same in other media
Bitcoin Miners Blamed for Energy Issues as Kazakhstan Looks to ‘Limit’ Mining
Reading now: 235
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
Read more on cryptonews.comAbout this in other media
These two mining firms compete for top spot as mining continues to thrive in Texas ambcrypto.com /2 years ago
Industrial Bitcoin mining breathes new life into tiny Texan town cointelegraph.com /2 years ago
New Bitcoin hash rate highs remove any trace of China mining ban cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
