Facing power shortages caused by crypto-mining, Kazakhstan’s president says the country must pursue nuclear power.
Kazakhstan looks to nuclear amid crypto-driven energy shortage
Facing power shortages caused by crypto-mining, Kazakhstan’s president says the country must pursue nuclear power.
ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Crypto mining rig maker Canaan delivered 2,000 Avalon mining rigs to Kazakhstan, according to a press release shared with CoinDesk on Monday. The Chinese rig manufacturer announced in June that it …
Kazakhstan Leading in FDI Stock Value from Eurasian Economic Union Countries
NUR-SULTAN – Kazakhstan boasts the highest foreign direct investments stock value from the Eurasian Economic Union (EAEU) countries – $11.2 billion by 2020, an increase of $3 billion over the past …
Kazakhstan boosts trade with Turkmenistan over 8M2021
The value of trade turnover between Kazakhstan and Turkmenistan amounted to $120.4 million from January through August 2021, compared to $92.1 million during the same period of 2020, Trend reports …
Supporting Kazakhstan on its Path to Decarbonization and Carbon Neutrality
How does the World Bank assess the economic situation in Kazakhstan today, including in the context of the pandemic? What problems remain urgent and cannot be resolved in the coming years? The …
Supporting Kazakhstan on its Path to Decarbonization and Carbon Neutrality
How does the World Bank assess the economic situation in Kazakhstan today, including in the context of the pandemic? What problems remain urgent and cannot be resolved in the coming years? The …
‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev
“Cryptocurrencies are an objective factor that cannot be simply ignored. It is necessary to clearly evaluate their potential to influence the current financial system,” said President Tokayev.
‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev
“Cryptocurrencies are an objective factor that cannot be simply ignored. It is necessary to clearly evaluate their potential to influence the current financial system,” said President Tokayev.
Kazakhstan’s Power Shortages: Crypto Miners and Geopolitics
We have officially registered 50 [cryptocurrency mining companies], the rest work in the shadows: These ‘gray’ miners have provoked the deficit,” Zhurebekov said. Kazakhstan’s government has shifted …