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Tuesday, July 5, 2022
Home Technology Are Kazakhstan's giant crypto-mines - BBC News

Are Kazakhstan’s giant crypto-mines – BBC News


Last year, Kazakhstan became the second largest cryptocurrency mining country in the world, thanks in part to a large mine with 50,000 computers in the desert near the northern city of Ekibastuz.

Young men work 12 hours a day for 15 days in a row without leaving the site, to keep it going 24 hours a day.

But the rapid growth of crypto-mining in the country has put pressure on the energy sector, which relies heavily on polluting, carbon-intensive coal-fired power stations.

Earlier this month, the rising cost of motor fuel acted as the trigger for nationwide political protests. For five days, the Kazakh crypto-mines were unable to connect to the internet, causing cryptocurrency transactions around the world to slow down.

You can watch the full documentary, Our world – Kazakhstan’s Crypto-Boom? on BBC News and BBC World News, from Friday 4 February and during the weekend.

Reporter: Joe Tidy

Manufacturer: Natalia Zuo



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