Kazakhstan to invest $700M in Bitcoin mining

posted 24 days ago
Kazakhstan plans on expanding its crypto mining sector with a $715 million USD investment. Talks of expansion are already underway. The government made the case that fueled by the country's access to cheap electricity, an extension to Kazakhstan's already successful mining operations could boost revenues higher.

The central Asian country already boasts 13 mining farms and an additional 4 are currently under construction.
Tags: bitcoin, blockchain, news