Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says

Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says
Lawful crypto mines will not face restrictions or be disconnected from the national grid, as long as they don’t compromise the country’s energy security, Kazakhstan’s Minister of Energy Magzum Mirzagaliyev said at a meeting with the mining industry, according to a ministry press release on Wednesday.Electricity has been in short supply in the fossil fuel-dependent Kazakhstan following an influx of miners this year. The national grid operator KEGOC has been rationing power to miners since September, and the government has proposed a bill that would cap the supply of power provided through the national grid to new mines to 100MW.Mirzagaliyev…