Kazakhstan

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Kazakhstan became a major Bitcoin mining nation following China's mining ban in 2021, quickly absorbing a significant share of the global hash rate. The country attracted miners with its cheap coal-based electricity, though energy shortages subsequently caused the government to impose mining electricity surcharges. Kazakhstan has developed a regulatory framework for digital mining and cryptocurrency under its Astana International Financial Centre.

Details

Status
mining_hub
Notable
Became top-3 global Bitcoin mining nation after China ban (2021); AIFC regulatory framework
Regulator
AIFC (Astana International Financial Centre)

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