Kazakhstan offers miners cheap power for Bitcoin

3 min read

On July 22 Kazakhstan enacted the "Rules for Implementing Strategic Digital Mining", offering eligible mining operators decade-long electricity quotas at capped tariffs in exchange for monthly transfers of mined digital assets to a state-managed crypto reserve. Eligible firms must own data centers of at least 150 MW and the program caps total allocation at 300 MW, limiting participation to a few large operators; approved companies must finalize agreements with Astana Hub within five working days and submit assets by the 25th of the following month. Transferred assets go into trust management at the National Investment Corporation and the national strategic crypto reserve, likely reducing newly mined Bitcoin supply and formalizing state accumulation.

Kazakhstan grants 10-year electricity quotas for miners in exchange for mined assets