Kazakhstan’s Ministry of Energy has announced that it has terminated 13 identified illegal cryptocurrency mining operations.
According to the official statement made by the Kazakhstan government on February 21, the last in 5 days As a result of the inspections carried out, it has a total power consumption of 202 megawatts. 13 illegal crypto mining facility was identified and its operations stopped.
Stating that illegal operations have been halted as part of efforts to regulate the Bitcoin (BTC) mining industry, which has become increasingly popular in recent years, the Kazakhstan government said, detected from electrical networks. He said the attempt to shut down the operations of illegal mining farms will continue.
Authorities, after detecting illegal mining activities operational and investigative activities will execute.
President of Kazakhstan Kasim Generous TokayevOn February 8, there was a cabinet-level meeting on cryptocurrency mining, with Deputy Finance Minister Marat Sultangaziyev proposing price increases for the power consumption of crypto miners. investigation order had given.
Although President Tokayev is not against mining, miners’ licenses electricity bills payments on reasonable terms. and tax payments they need to do.