they are all installed now, yes. 800 miles away in almaty, company founder yerbolsyn proudly watches over operations. he set up enegix s first crypto mine four years ago.
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but the exponential growth has put pressure on energy supplies in the country. the government says it is now using 7% more electricity than it did last year, and industry insiders say that crypto mining activity alone uses 1000 megawatts per hour, more than half it takes to power almaty, kazakhstan s largest city. kazakhstan is now trying to manage the impact of its burgeoning new industry. starting in january, its burgeoning new industry. starting injanuary, the government introduced an additional tax levy for energy used by crypto miners. but the restrictions haven t stop there. dida had to shut down this mind because of restrictions on energy
the government says it s now using 7% more electricity than it did last year, and industry insiders say that crypto mining activity alone uses 1000 megawatts per hour that s more than half it takes to power almaty, kazakhstan s largest city. kazakhstan is now trying to manage the impact of its burgeoning new industry. starting in january, the government introduced an additional tax levy for energy used by crypto miners. but the restrictions haven t stopped there. didar bakbau had to shut down this 2,500 rig mine because of restrictions on electricity supplies.
this box came from china. it s our chinese client, and it s already running. how many mining rigs came from china and this stack? more than thousand, more than thousand. but the exponential growth has put pressure on energy supplies in the country. the government says it s now using 7% more electricity than it did last year, and industry insiders say that crypto mining activity alone uses 1000 megawatts per hour that s more than half it takes to power almaty, kazakhstan s largest city.