Kazakhstan
Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.
Crypto Miner Xive Shuts Down South Kazakhstan Mine Due to Electricity Woes
Mining in south Kazakhstan is no longer possible, Xive co-founder Didar Bekbau said.
ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Canaan plans to deploy 850,000 TH/s in the near term.
Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages
Crypto mining could help push the country’s transition into green energy.
Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says
The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.
Kazakh Mining Hosting Firm Enegix Looks for Energy Autonomy Through Hydropower
Kazakhstan has seen severe electricity shortages, and local miners are facing power rationing.
Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
The law approved by the country’s parliament would make financial monitoring a requirement for digital asset platforms.
Kazakhstan Limits Crypto Investment for Retail Players: Report
The country’s financial regulator is worried about the high risk associated with crypto.
Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide
New mines will have to consume less than 1 MW over two years in what has become the world’s second-largest bitcoin mining country.
Crypto Miners Blamed for Kazakh Power Shortages, Bitcoin on the Up
Crypto mining blamed for power shortages in Kazakhstan. Bitcoin crosses US$50,000 mark and leads altcoins up. A lawmaker accuses Korean crypto exchange Upbit of listing faulty tokens to earn fees. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
