Search
Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
1.7.2021
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. Coin Miners in Kazakhstan to Pay Extra...
Shanghai Man: China retains mining control? Alipay's ancient NFTs and Amber’s big raise
25.6.2021
A look at miners shifting hardware overseas, Amber raises $100m, and Bitmain temporarily shuts down sales among dropping hashrate sales
After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan
24.6.2021
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world’s largest landlocked country. Canaan Joins...
Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’
23.6.2021
Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below...
Chinese crypto mining firm Canaan sets up shop in Kazakhstan amid crackdown
23.6.2021
Canaan has started mining Bitcoin with its latest Avalon Miner units in Kazakhstan after setting up a service center in the country earlier this month
Canaan Diversifies Business by Becoming a Bitcoin Miner In Kazakhstan
23.6.2021
Major producer of Bitcoin (BTC) mining equipment Canaan announced it has moved beyond its existing business model and into becoming miners themselves, as "the logical next step" towards optimizing their revenues, strengthening the inventory management and supply chain capabilities,...
Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown
22.6.2021
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that “it had successfully delivered its first batch...
Denied electricity, world's 5th-largest mining pool leaves China for Kazakhstan
22.6.2021
Crypto mining pool BTC.com is leaving China after local authorities withdrew its power supply
While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
7.6.2021
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty...
Miners on the Move: China’s Crypto Mining Losses May Be Kazakhstan’s Gain
2.6.2021
Crypto miners fleeing China’s latest mining-focused crypto crackdown may turn to a nearby nation in a bid to continue doing business – with Kazakhstan increasingly looking set to provide a new home for those looking to set up shop outside Mainland China.
Per Kaktus Media, the number of mining...
Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown
27.5.2021
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services...
Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
26.5.2021
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed...
Ray Dalio Picks Bitcoin Over Bond, Chinese Miner Enters Kazakhstan + More News
24.5.2021
Ray Dalio: A video screenshot, Youtube/Financial Observer
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
____
Investments news
Founder of major global investment firm Bridgewater Associates...
Kazakhstan’s government to create roadmap for developing crypto market
11.5.2021
Kazakhstani authorities plan to improve their regulatory approach in order to strengthen the country’s position in the global crypto market
Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies
8.5.2021
Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public...
Kazakhstan opens public consultation for central bank digital currency
6.5.2021
The potential national digital currency in Kazakhstan is not intended to replace either cash or cashless payments, the central bank stressed
EAEU unlikely to find common ground on crypto regulation, official says
17.3.2021
The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations
Russia's central bank says the pandemic has accelerated regulators' interest in CBDCs
6.11.2020
The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies
Kazakhstan on track for $700M crypto mining investment goal, says minister
2.9.2020
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining
Geopolitical risks prevail as new players emerge in the crypto mining space
28.8.2020
China is not the only country that wants control of this highly coveted industry