Kazakh Crypto Miners Cut Off From Electricity Supply Until End of January

2 years ago

Kazakhstan crypto miners volition person their vigor proviso chopped disconnected from Jan. 24 until the extremity of the month, 3 radical successful the section manufacture told CoinDesk.

  • A memo from nationalist grid relation KEGOC, dated Jan. 21 and seen by CoinDesk, said that "the planned proviso of energy to persons engaged successful integer mining is wholly canceled" from Jan. 24 until midnight Jan. 31. Kazakhstan's vigor grid has been struggling to conscionable powerfulness demand, particularly during the winter. KEGOC said it volition see rolling the limitations backmost if the vigor concern improves.

  • The memo was signed by KEGOC Managing Director for System Services and NES Development Bekhzan Mukatov and sent to 196 powerfulness generating, transmission and vigor trading companies.

  • Making matters worse is that a large transmission enactment was disconnected aft a "significant exigency imbalance" successful the Central Asian powerfulness strategy led to a powerfulness surge successful Kazakhstan's North-East-South 500 kilovolt (kV) powerfulness transmission line, KEGOC said connected Tuesday. On the aforesaid day, large cities successful Kazakhstan and successful neighboring Uzbekistan and Kyrgyzstan subsequently suffered powerfulness outages, Reuters reported.

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Eliza Gkritsi is CoinDesk's crypto mining newsman based successful Asia.


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