Kyrgyzstan
Top Articles from Palak
News
News

Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms

Kyrgyzstan’s State Committee for National Security (SCNS) revealed that they have caught and shut down over 500 illegally operating Crypto mining farms that were directly connected to the power grid. Furthermore, the SCNS also highlighted the unsustainable nature of crypto mining as the mining equipment utilizes up to 3,000 kilowatts of electricity per hour. “More

Kyrgyzstan’s State Committee for National Security (SCNS) revealed that they have caught and shut down over 500 illegally operating Crypto mining farms that were directly connected to the power grid. Furthermore, the SCNS also highlighted the unsustainable nature of crypto mining as the mining equipment utilizes up to 3,000 kilowatts of electricity per hour. “More

Fundstrat-regulatory-clean-up-cryptocurrency
News
Fundstrat-regulatory-clean-up-cryptocurrency
News

Kyrgyzstan Reportedly Set to Bring Regulations to Crypto Exchanges

Kyrgyzstan is on track to bring a comprehensive regulation to the digital currency ecosystem through the legal frameworks upon which trading platforms are meant to function. As reported by local news platform 24Kg, the State Service for Regulation and Supervision of the Financial Market has prepared a corresponding draft regulation that is billed to govern

Kyrgyzstan is on track to bring a comprehensive regulation to the digital currency ecosystem through the legal frameworks upon which trading platforms are meant to function. As reported by local news platform 24Kg, the State Service for Regulation and Supervision of the Financial Market has prepared a corresponding draft regulation that is billed to govern

Bitcoin News
Bitcoin News

Kyrgyzstan’s mining farm in private residence Raided; 118 BTC mining machines seized

A large illegal mining field hidden in private residential space was found in Central Asia’s Kyrgyzstan. Kyrgyz National Security Commission has raided the residence and confiscated 118 Bitcoin Mining machines hooked to the already diminishing energy resources of the nation. The large-scale BTC mining operation has caused “great damage” to Kyrgyzstan’s power grid according to

A large illegal mining field hidden in private residential space was found in Central Asia’s Kyrgyzstan. Kyrgyz National Security Commission has raided the residence and confiscated 118 Bitcoin Mining machines hooked to the already diminishing energy resources of the nation. The large-scale BTC mining operation has caused “great damage” to Kyrgyzstan’s power grid according to