April 26, 2024

Kazakhstan closes gray mining farms

Kazakhstan closes gray mining farms

The hunt for unlicensed mining farms continues in Kazakhstan. Another major production centerbitcoin law enforcement officers found in Shymkent.

360 ASIC units were installed in three containers. The equipment has now been seized and law enforcement is investigating the illegal business.  

On Monday the media reported another majorfind. 2,800 pieces of Bitcoin mining equipment were disguised as textile production. Businessmen paid for electricity at a reduced rate and paid bribes to local officials. Last week, in the Karaganda region, law enforcement officers closed a farm with equipment worth $5.8 million. 

The energy crisis has prompted the authoritiesKazakhstan to take tough measures against miners. A mobile group was created to identify “gray” miners throughout the country. Over the last five days alone, 13 large crypto mining centers with a total illegal consumption of energy resources of 202 MW have been discovered and disconnected from the power grid. 

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