Post
Topic
Board Bitcoin Discussion
Re: China Ban and the mining exodus
by
Yogee
on 29/10/2021, 23:16:53 UTC
....The investment that crypto will bring to the country will be a boost for Kazakhstan's development.

That could happen if the mining activities are handled properly since there's an ongoing bank ban on trading cryptocurrencies if I'm not mistaken. It's already costing too much energy for them causing shortages. They could also ban this sooner or later if they fail to regulate it and stop or minimize illegal miners. There's already a proposal to limit mining energy consumption to 100MW for the entire country.