2022-12-20 02:41 |
Kazakhstan, one of the world’s largest bitcoin mining hubs, is working on new legislation for the industry. origin »
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New amendments recently signed by the country’s president could bolster the energy grid refit while keeping overall prices relatively moderate.
2022-8-3 16:07 | |
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The bitcoin mining hub is trying to attract more crypto firms and expand beyond bitcoin mining.
2022-5-26 18:30 | |
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The Central Asian country is trying to clean up its mining industry in the face of energy shortages.
2022-5-5 19:14 | |
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As the government of Kazakhstan claims the country’s power services are stabilizing, thus the Bitcoin hashrate could be on its way to recovery. However, is the situation stable enough for Bitcoin mining yet? Will it ever be? A Recap Just a few days after the Bitcoin hashrate reached an All-Time High, thus recovering from the China ban on crypto mining, another authoritarian crisis hit the bitcoin mining industry in Kazakhstan, taking the hash to drop 15% in 10 days.
2022-1-11 02:59 | |
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The industry is filled with uncertainty as unrest spread throughout the country after an energy crisis prompted a series of protests last week.
2022-1-11 23:38 | |
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As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources.
2022-1-10 16:37 | |
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Kazakhstan’s vast Bitcoin mining industry has been severely hit by the political chaos currently rocking the Central Asian nation. Rising fuel prices led to a spike in public anger which grew into wider discontent among the Kazakhstan populace over corruption, income inequality, and unemployment, sparking violent protests against autocratic President Kassym-Jomart Tokayev’s rule. Kazakhstan’s BitcoinRead More
2022-1-8 09:00 | |
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The crypto community reportedly expects Kazakhstan’s internet and mining industry to have returned to normal by next Monday.
2022-1-7 15:10 | |
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Lucrative Bitcoin mining is reportedly on the upswing in Thailand–thanks to cheap leftover hardware purchased from China, Al Jazeera reported. Over 50% of the industry was forced to relocate in May after China imposed a ban on mining crypto, and while big operations found their new bases in countries like the US, Kazakhstan, and Canada, […] The post Thailand’s small entrepreneurs tapped into lucrative Bitcoin mining–buying up rigs from China appeared first on CryptoSlate.
2021-12-31 09:30 | |
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Kazakhstan’s crypto mining industry was initially boosted by China’s tightening grip on digital asset regulation. The post Crypto miners in Kazakhstan flee over aging electricity infrastructure appeared first on CryptoSlate.
2021-12-28 17:00 | |
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As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a […] The post Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running appeared first on CryptoSlate.
2021-11-25 14:01 | |
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Китайский майнинг-оператор Canaan поставил в Казахстан еще 2000 ASIC-майнеров модели Avalon. Об этом компания сообщила у себя в твиттере. Avalon Miners are being deployed in Kazakhstan for our joint mining operations this week and mining is underway! An exciting #AvalonMade milestone that is shaping the future of the crypto industry! pic.
2021-11-23 09:26 | |
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In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge.
2021-11-20 21:30 | |
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The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses wouldRead More
2021-7-28 23:00 | |
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An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production.
2021-7-19 12:30 | |
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Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry.
2021-7-1 08:30 | |
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17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test.
2020-12-18 22:44 | |
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Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs. 17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test.
2020-12-17 17:26 | |
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Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto mining sector.
2020-9-3 23:00 | |
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Kazakhstan is planning to attract 300 billion tenge (about US$740 million) of investments from cryptocurrency mining in the next three years, said the Minister of Digital Development, Innovation, and Aerospace Industry Askar Zhumagaliyev.
2020-6-18 20:02 | |
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With an emerging crypto mining industry, the government considers making a pivot toward cryptocurrencies... The post Kazakhstan reveals draft legal framework for crypto-investment appeared first on Coin Journal.
2020-6-17 19:06 | |
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Mining is an essential component for the cryptocurrency industry, though high electricity fees can make turning a profit more difficult in some areas. The process itself is treated the same way as self-employment, by some countries, resulting in taxation of the miners associated with it.
2019-12-6 01:07 | |
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Blockchain Business Model In Kazakhstan The main goal of the Facite investment project is to develop the financial and economic environment in Kazakhstan using blockchain technology. The Facite Foundation built and operates a mining center in Pavlodar, Kazakhstan based on geographical conditions, government policies, and electricity schemes for the mining industry.
2019-5-16 06:03 | |
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When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.
2019-3-1 17:19 | |
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In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […] The post Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan appeared first on Bitcoin News.
2018-7-31 02:45 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.