Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates

Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from mining farms and proposed a cap on the power rating of new facilities. Kazakhstan Measures Power Usage in Crypto Mining Sector, Estimates Deficit In an effort to explain why Kazakhstan is considering imposing restrictions on new cryptocurrency mining operations, the Ministry of Energy told local media that data....


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