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Author Topic: Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms  (Read 1316 times)

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Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms
« on: September 19, 2021, 08:57:07 AM »
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 than 500 mining farms illegally connected to power grids have been revealed. It should be noted that the mining farms subsequently lead to a shortage of generated electricity since one set of equipment consumes about 1,500-3,000 kilowatts per hour”, Local News Organization, 24Kg cited the State Committee for National Security.

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Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms
« on: September 19, 2021, 08:57:07 AM »

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