Encryption mines consume electricity for 24,000 households

According to news on October 23, in order to explain why Kazakhstan is considering imposing restrictions on new cryptocurrency mining operations, the Ministry of Energy of the country told local media that the data center for mining consumes 5 megawatts of electricity per hour, and there is only one mining facility. It consumes an average of 3.6 million kilowatt-hours of electricity per month, which is equivalent to the consumption of 24,000 households.

It is reported that due to power shortages, Kazakhstan has begun to implement power rationing measures for the encrypted mining business.

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