It didnโt take long before Kazakhstanโs electrical grid, much of it a legacy of Soviet times, started crumbling under the new load. On top of the minersโ demand, technical failures in interconnection lines and power stations greatly exacerbated the situation, such that Kazakhstan, which until 2021 was a net power exporter, now sometimes imports energy from Russia.
Kazakhstan Tightens Regulation for Miners, Looks to Develop Broader Crypto Industry
