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Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

Post author:MiamiCrypto
Post published:February 11, 2023
Post category:Crypto crypto mining crypto miners Cryptocurrencies Cryptocurrency Digital Assets Exchanges Kazakhstan law Legislation licenses licensing Miners Mining registration Regulations requirements

A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for…

Kazakhstan Shuts Down Crypto Mining Farms Till February

Post author:MiamiCrypto
Post published:January 26, 2022
Post category:Crypto crypto farms crypto mining crypto miners Cryptocurrencies Cryptocurrency cut off deficit Electricity electricity shortages electricity supplies Energy Kazakhstan Miners Mining mining farms power power deficit power grid restrictions shortages shut down Supplies unplug

Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the…