The Kazakh Electricity Grid Operating Company (KEGOC) has limited the supply of electricity to mining farms. The miners were turned off until February, the head of the National Association of Blockchain and the Data Center Industry of Kazakhstan, Alan Dordzhiev, confirmed to ForkLog.
The letter from KEGOC, which has been circulated online, says that electricity supplies to miners will be canceled from January 24 to January 31, 2022. Such a notification was received by all companies registered in Kazakhstan as miners.
The shutdown was explained by “a tense situation with maintaining the balance of electricity and power.”
Earlier in Uzbekistan, Kyrgyzstan and Kazakhstan, power outages began in the background. KEGOC called the reason “power surge due to an emergency imbalance created by the energy system of Central Asia.”
Alan Dorjiev said that against the backdrop of restrictions, miners began to leave the country in search of other jurisdictions. This was confirmed to ForkLog by the founder of the BTC KZ data center, which provides hosting for mining equipment, Din-Mukhammed Matkenov.
“Business is in despair,” Dorjiev said.
Recall, according to the Center for Alternative Finance at Cambridge University, Kazakhstan has become one of the world leaders in bitcoin hashrate against the background of the migration of miners from China.
In September, the Kazakh authorities announced a shortage of electricity and proposed limiting the consumption of miners. Against this background, companies involved in the production of cryptocurrencies began to leave the country.
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