Kazakhstan Is Emerging As A Significant Player In Crypto Mining
Data from the University of Cambridge shows that Kazakhstan’s share of the global crypto hash rate is rising. This is also the case for the U.S as well. Interestingly, the data provided only goes up to April. This was around the time Chinese authorities became increasingly vocal about cracking down on the cryptocurrency sector. Based […]
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The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost $1.5 million) from the crypto mining industry in the first three months of the year, the government announced this week. The funds have been collected through a surcharge on the electricity used by mining farms operating legally in the....
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