Kazakhstan has approved new regulations for digital mining, allowing enterprises to secure electricity quotas from energy producers at the highest tariff for up to 10 years. To qualify, miners must transfer a portion of their cryptocurrency output to the Astana Hub autonomous cluster fund. These assets will then be managed by the national investment company under the National Bank to bolster the national strategic cryptocurrency reserve.
Miners must apply through the E-licensing database, with applications reviewed by a special committee. Upon approval, miners are required to sign an agreement with the Astana Hub within five working days and finalize a power purchase contract with the energy provider.
Kazakhstan Enacts New Rules for Digital Mining, Requires Crypto Transfer to National Reserve
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
