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Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill – Mining Bitcoin News

Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market.

Gorod astanaRepublic of kazakhstanLubomir tassevEkaterina smyshlyaevaAstana international financial centerCrypto minersBuy only surplus powerUnder digital assets billRegulate crypto miningChange licensingDigital assetsCentral asian nationPay corporate taxEastern europe

Crypto Miners Accused Of Exploiting Kazakhstan-Backed IT Startup Hub

Kazakhstan’s technopark IT startup initiative is being exploited by crypto miners aiming to take advantage of low electricity costs and tax benefits

Gorod astanaNursultan nazarbayevBakytzhan yeshmukhambetovBolat akchulakovMinistry of digital developmentAerospace industryAudit committeeFinancial monitoring agencyDigital developmentAstana hubSilicon valleyPresident nursultan nazarbayevMinister bolat akchulakovTax benefitsCrypto miners

A bad year for crypto is a really bad one for crypto miners

Electricity bills are surging and the equipment isn’t worth what it used to be, which makes for a bleak outlook for companies that mine bitcoin and ether

Riot blockchain incMarathon digital holdings incCore scientific incRiot blockchainCore scientificCrypto minersElectricity billsBitcoin and ether minersCrypto pricesDigital coins harvestingShares of crypto miners

Crypto Miners in Russia s Irkutsk Region Fined Almost $1 7 Million This Year – Mining Bitcoin News

Authorities in Irkutsk, Russia have imposed hefty fines on crypto miners for illegal use of electricity to mint digital currencies.

Lubomir tassevRussian ministry of energyProsecutor officeCrypto minersIrkutsk region fined almostCrypto miners payFederal pressRussian ministryEastern europe

Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme – Mining Bitcoin News

Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid.

Lubomir tassevKassym jomart tokayevKazakhstan financial monitoring agencyFinancial monitoring agencyPonzi schemeOperators keptInvestor fundsWest kazakhstanCrypto minersPresident kassym jomart tokayevEastern europe

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