Kazakhstan plans energy upgrade with crypto mining
Over 70% of energy from upgraded plants would go to the grid, with 30% powering mining operations.
Kazakhstan is looking to modernise its energy system through digital mining. The government is also considering broader legalisation of crypto trading beyond its current regulatory zone.
Under a proposed ’70/30′ model, foreign investors would fund upgrades to thermal power plants, with 70% of the new energy routed to the national grid and 30% used by mining operations.
Kanysh Tuleushin, First Vice Minister of Digital Development, said the model mirrors practices in the United States, where miners consume surplus electricity to help stabilise supply.
He also suggested using leftover…
