Kazakhstan to open one of the world’s largest mining data centres

In September, Enegix plans to open in Kazakhstan one of the world’s largest data centres, with a capacity of 180 megawatts. ForkLog has learned from Enegix representatives.

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The data centre is located in Ekibastuz. According to the company’s presentation, land for construction was provided by local authorities, and more than $24 million has already been invested in infrastructure. In preliminary estimates, the centre could house up to 50,000 mining devices.

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Source: ForkLog

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According to representatives, Enegix will receive electricity from KEGOC, the country’s electricity grid operator (Kazakhstan Electricity Grid Operating Company). The contract has been signed with an intermediary.

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The data centre has already been visited by representatives of BTC.com, ViaBTC, Canaan and Innosilicon.

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Enegix emphasise that one of the main advantages of mining in Kazakhstan is the legality of cryptocurrency mining.

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Earlier this year, Kazakh authorities passed a number of amendments to legislation affecting blockchain, digital assets and mining.

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Under these amendments, miners are granted ownership of the mined coins. The amendments, however, do not include provisions directly addressing the taxation of miners.

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According to Askar Zhumagaliev, Kazakhstan’s Minister of Digital Development, Innovations and Aerospace Industry, mining farms have already brought the country more than $200 million, with investments of $750 million expected in the coming years.

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For more on the regulatory features of the cryptocurrency industry in Kazakhstan, read ForkLog’s feature.

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Bitcoin ban and mining legalisation: features of cryptocurrency regulation in Kazakhstan

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