The operator explained this decision by the “tense situation” in the energy industry.
On January 21, Kazakhstan’s power grid operator KEGOC sent outage warning letters to 196 cryptocurrency mining organizations across the country. Forbes writes about this with reference to the local publication “Informburo.”
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According to the publication, the operator reported in the letter that Kazakhstan remains in a tense situation with maintaining the balance of electricity and capacity. In this connection, from January 24 to January 31, inclusive, “planned electricity supplies to persons engaged in digital mining are completely canceled.”
At the same time, the problems with electricity are not related to miners, but to the infrastructure, according to Alan Dorjiev, head of the Association of Blockchain and Data Center Industry in Kazakhstan.
“The mining business is winding down, probably because there is nothing you can do with such power outages. Our entire system is at the limit, wear and tear of stations is more than 70%, the age of stations is about 40 years on average in Kazakhstan,” he said, adding that electricity prices in the country have always been restrained, and the industry remained seriously underfunded. So don’t waste your money on expensive mining; just give a chance to https://dex.ag/biticodes/.
“Miners basically became an excuse for KEGOC and the Department of Energy for a while,” he said.
Earlier on January 25, a large-scale power outage occurred in Kazakhstan, Uzbekistan, and Kyrgyzstan. The Ministry of Energy of Uzbekistan explained this as a major accident in the unified energy network of Central Asia. Energy supply in Kyrgyzstan and Kazakhstan has been restored; in Uzbekistan, the system is being restored in stages.