Kazakhstan Terminates 13 Crypto Mining Farms

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Kazakhstan Terminates 13 Crypto Mining Farms
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As part of its war against unauthorized cryptocurrency miners, Kazakhstan's government ceased the endeavors of 13 digital asset mining facilities.

As part of its war against unauthorized cryptocurrency miners, Kazakhstan’s government ceased the endeavors of 13 digital asset mining facilities.

Kazakhstan’s Ministry of Energy discovered and halted the operations of 13 illegal digital asset mining farms. Those were collectively using an electricity capacity of over 200 megawatts.The central Asian country was torn by protests at the beginning of 2022 when thousands of residents occupied the streets to fight against the surging electricity prices.to crack down on unauthorized cryptocurrency miners amid the accusations that they could negatively impact the nation’s energy network.

“Gray miners are doing a lot of harm to our power grid. The energy costs of illegal mining are estimated to exceed 1 gigawatt.”the activities of 13 illicit digital asset mining facilities. Those were located all over the country in regions like Karaganda, Turkestan, Pavlodar, Akmola, and Kostanai. The authorities further revealed they would continue to identify and disconnect mining farms from the electrical grid, which do not abide by the rules.

“These actions are aimed at addressing potential unexpected or long term lack of electricity production capacities, capacities of transmission or distribution of energy in order to overcome the energy crisis without further burdening the citizens of the Republic of Kosovo,” the Energy Minister explained back then.its first set of mining equipment. Specifically, Kosovo Police and Kosovo Customs confiscated 272 “Antminer” Bitcoin mining machines in the municipality of Leposavic.

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