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Cryptocurrency boom strains Kazakhstan's coal-powered energy grid

By Mariya Gordeyeva

Nov 11 2021 8:56AM

As miners leave neighbouring China.

Cryptocurrency boom strains Kazakhstan's coal-powered energy grid

Kazakhstan is struggling to meet the energy needs of its booming cryptocurrency mining industry, which is flourishing thanks to cheap power and an exodus of crypto miners from neighbouring China. The Central Asian nation of 19 million has become the world's second-biggest bitcoin mining ...

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