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Did you read any of the articles? China banned mining. Chinese miners moved to Kazakhstan. Now Kazakhstan is having power shortages.

• latchkey 5y ago
  Apparently you didn't fully read the article. The shortages aren't the miners, it is the fact that 3 plants shut down... "On October 15, the national grid operator, KEGOC, announced electricity rationing after three major coal-fired power plants shut down. KEGOC did not directly blame miners, but it used language similar to the energy minister’s and said it was cutting off customers who “over-consume.”"
  • LurkingPenguin 5y ago
    > KEGOC did not directly blame miners, but it used language similar to the energy minister’s and said it was cutting off customers who “over-consume.” And: > "We have seen that our [country's] electricity consumption has literally increased by 7 percent in one year. That's a very big increase," Energy Minister Magzum Mirzagaliyev said on September 30, noting that consumption usually grows by about 2 percent per annum. > Mirzagaliyev linked the demand to mining and proposed the government limit supplies of electricity to 1 MW per mining farm and to 100 MW for the whole sector. Where's the mystery here? Again, hopefully for the last time: China banned mining. Chinese miners moved to Kazakhstan. Now Kazakhstan is having power shortages.
    • latchkey 5y ago
      > China banned mining. Chinese miners moved to Kazakhstan. Now Kazakhstan is having power shortages. We wouldn't be reading about power shortages at all if 3 major power plants didn't go offline.
      • malermeister 5y ago
        We also wouldn't be reading about them if crypto people didnt increase power draw by 7%.