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Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners

Post author:MiamiCrypto
Post published:October 1, 2022
Post category:agreement Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency Electricity electricity supply Energy export import Inter RAO kazakh Kazakhstan KEGOC Miners Mining power power deficit Russia russian shortages supply

Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly…

Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners

Post author:MiamiCrypto
Post published:October 29, 2021
Post category:Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency deficit Electricity electricity supplier Energy energy company energy giant Exports imports Inter RAO Kazakhstan Mining Panina power power generation Putin Russia russian Russian Federation shortages Supplies

State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the…