The Kazakh grid operator KEGOC restricted electricity supply to mining farms. Miners were cut off until February, ForkLog confirmed, citing Alan Dorzhiev, head of the National Association of Blockchain and Data-Center Industry in Kazakhstan.
In a KEGOC letter, circulating online, the cancellation of electricity supplies to miners from January 24 to 31, 2022 was stated. The notice was received by all companies registered in Kazakhstan as miners.
The outage was attributed to a “strained situation in maintaining the balance between electricity supply and capacity.”
Earlier, power outages began in Uzbekistan, Kyrgyzstan and Kazakhstan amid the strain. KEGOC said the cause was “overload from an emergency imbalance created by the Central Asian power system.”
Alan Dorzhiev said that amid restrictions, miners began leaving the country in search of other jurisdictions. ForkLog confirmed this, as did the founder of the BTC KZ data center, which provides hosting for mining equipment, Din-Muhammed Matkenov.
“Business is in despair,” Dorzhiev said.
As noted by the Cambridge Centre for Alternative Finance, Kazakhstan has become one of the world\’s leading Bitcoin hash rates amid the migration of miners from China.
Earlier, in September, Kazakh authorities warned of electricity shortages and proposed restricting miners\’ consumption. In the circumstances, mining companies began leaving the country.
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