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Kazakhstan

Kazakhstan Raises Crypto Miner’s Taxes

Cryptocurrency miners in Kazakhstan may face higher tax rates under a new bill signed by the country's parliament. Kazakhstan President Tokayev has signed a new...

Inflation Based Riots Made Government To Cut Internet Throughout Kazakhstan Seriously Affecting Bitcoin Mining

Inflation causes demonstrations in Kazakhstan, the government shuts down the internet, and bitcoin falls. window.coinzilla_display = window.coinzilla_display || ; ...

Crypto Mining Firm Xive Leaves South Kazakhstan Due to Electricity Shortage

The founder of the Xive mining company Didar Beckbau said that his firm along with many other cryptocurrency mining companies in South Kazakhstan are...

Power Shortage Caused By Bitcoin Miners Makes Kazakhstan To Buy Russian Electricity

With Kazakhstan facing power diminutions caused by an increase in cryptocurrency mining operations within the country, Kazakhstan is now looking to Russia, its neighbor...

Kazakhstan Ministry Of Energy Estimates Electricity Consumption By Bitcoin Mining Centers And Suggests Limiting Power Consumption Of Mining Firms

In 2021, the electricity use in Kazakhstan reached 82.99 billion kWh. The Kazakhstan Energy Ministry attributed this high consumption to Bitcoin mining data centers...

Kazakhstan Surges to Third Place in Global Bitcoin Mining, Behind China and US

Kazakhstan bitcoin mining has dramatically surged into third place on the global market as the country’s share reached 8.2 percent of Global BTC mining,...

Kazakhstan Expand Its Bitcoin Mining to Global Market And Enable Users To Open Bank Accounts for Cryptocurrency

Kazakhstan will soon allow cryptocurrency-related bank accounts to customers. Astana Times the national news agency of Kazakhstan reports that citizens of Kazakhstan will soon...