Kazakhstani Crypto Miners Face ‘Energy Crunch’ As Exiled Chinese Miners

Source: usnews18.com usnews18.com

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The Financial Times further reported that over 87,849 mining rigs have come to China from Kazakhstan, putting the country in the number two spot (behind the U.S.) as a leading crypto mining region, according to the University of Cambridge. An 8% spike in consumption Just this week, we reported that Google released a new report stating that malicious cryptocurrency miners were using hacked Google Cloud accounts for mining purposes. In the past, we have also brought you news of illegal massive mining rigs. It seems that crypto mining is here to stay no matter the consequences. Kazakhstan’s Ministry of Energy...