Kazakhstani miners began to leave the country

Mining companies in Kazakhstan have begun to leave the country because of the lack of electricity.
Kazakhstani miners began to leave the country

Major mining companies began to leave Kazakhstan due to a shortage of electricity. This was reported to Coindesk by co-founder of Xive Didar Bekbau. Xive closed its data center for 2.5 thousand mining devices. According to Bekbau, other companies are looking for a new location to deploy their facilities. Publication from platform cryptodefix.​com. They are mainly considering Russia and the U.S. for the move.

In October, Kazakh authorities limited power consumption for miners to 100 megawatts (MW). The measures were introduced due to the country’s power shortage caused by the influx of miners. In August 2021, Kazakhstan ranked second in bitcoin mining.

More interesting

Actual

The Art Wars collection was sold without the artists’ permission
South Korea is introducing a tax on NFT
The Australian senator saw ample opportunity in DeFi
More…