Kazakhstan’s Financial Monitoring Agency (AFM) and National Security Committee (KNB) have uncovered a secret crypto mining operation that stole over $16 million worth of electricity. The hidden mining farms were quietly running around the clock. The operations had drained power from the national grid without paying a dime. Once a global hotspot for Bitcoin mining, Kazakhstan has been tightening the reins on the crypto mining industry to protect its energy supply. The nation has started an extensive crackdown on illegal setups.
Crypto Mining Regulations
Russia Tightens Grip on Crypto Miners with National Equipment Registry
Key Takeaways The Kremlin’s Mining Power Play Russia is implementing a national registry for crypto miners, developed by the Energy...