NewsAnother Headache for Bitcoin Miners in Central Asia

Another Headache for Bitcoin Miners in Central Asia


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Three of the Central Asian countries – Kazakhstan, Uzbekistan, and Kyrgyzstan – were affected by a blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances”.

However, Kazakhstan has blocked companies mining cryptocurrencies from January 24 to January 31, a spokesman for state-owned grid operator KEGOC said, according to Bloomberg.

The power supply in Uzbekistan and Kazakhstan was restored on Tuesday.

According to KEGOC, the problem started after a major power line connecting southern Kazakhstan and its two neighbors to large power plants in northern Kazakhstan, and the Russian grid was disconnected, leaving millions of people without power.

“As a result of a major accident in the power grids of the Republic of Kazakhstan, there was a power outage in the cities of (southern Kazakhstan’s) Almaty, Shymkent, Taras, Turkestan (regions) and neighboring regions,” Uzbekistan’s Energy Ministry said.

After the ”China Ban” on Bitcoin Miners, most of them have fled to Kazakhstan and Texas, USA.

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