Today news
About the same in other media
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
Reading now: 287
A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate digital currency mining activities generate about 98 billion tenge ($230 million) per year in the country. Alan Dordzhiev, the president of the NABDC, issued the following statement as quoted by local news outlet kapital.kz:
In context, "gray miners" refers to individuals carrying forth their own crypto mining operations — often with disputed legal status. The association called for greater regulation to combat illegal mining to prevent a possible electricity shortage. Grey area miners consume approximately 500 MW of
Read more on cointelegraph.comAbout this in other media
Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility cointelegraph.com /3 years ago
Crypto finance: Jayant Sinha-led Parliamentary panel to gather views from crypto exchanges, stakeholders moneycontrol.com /3 years ago
Jayant Sinha-Led Panel To Gather Views From Crypto Exchanges, Stakeholders ndtv.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
