The hunt for unlicensed mining farms continues in Kazakhstan. Law enforcement officers discovered another large Bitcoin mining center in Shymkent.
360 ASIC units were mounted in three containers. The equipment has now been seized and law enforcement is investigating the illegal business.
On Monday, the media reported another major find. 2,800 pieces of Bitcoin mining equipment were disguised as textile production. Businessmen paid for electricity at a reduced rate and paid bribes to local officials. Last week, in the Karaganda region, law enforcement officers closed a farm with equipment worth $5.8 million.
The energy crisis pushed the authorities of Kazakhstan to tough measures against miners. A mobile group was created to identify “gray” miners throughout the country. Over the last five days alone, 13 large crypto mining centers with a total illegal energy consumption of 202 MW have been discovered and disconnected from the power grid.
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The energy cost of mining Bitcoin is higher than the cost of smelting gold.
Using computer processing power to mine Bitcoin requires more energy than mining gold, platinum and other precious metals. In addition, as the popularity of a currency grows, the energy consumption for performing calculations also increases.
