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Kazakhstan ramps up power consumption reporting requirements for crypto miners

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Cryptocurrency18 minutes ago (May 04, 2022 10:40PM ET)

Kazakhstan ramps up power consumption reporting requirements for crypto miners Kazakhstan ramps up power consumption reporting requirements for crypto miners

The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local power grid.

The order published by the country’s Minister of Digital Development earlier this week compels digital mining businesses to provide comprehensive information 30 days before starting operations.

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