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Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners

Russia to Supply Electricity to Kazakhstan’s Cryptocurrency MinersRussia 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 from the Russian power generation and distribution giant Inter RAO. Miners in Kazakhstan to Source Energy From the Russian Federation Crypto mining enterprises operating in […]

Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF

Kazakhstan Extends Power Cuts for Cryptocurrency Miners

Kazakhstan Extends Power Cuts for Cryptocurrency MinersCrypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities in Kazakhstan Still Shut Down Data centers […]

Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF

Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners

Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto MinersThe government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down on the industry. NPP Project Revived Amid Short […]

Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF