Mining Equipment
Kazakhstan ramps up power consumption reporting requirements for crypto miners
The government of Kazakhstan has laid out new reporting requirements for cryptocurrency mining operators with a keen eye on how the industry’s energy usage affects the local power grid. The order published by the country’s Minister of Digital Development earlier this week compels digital mining businesses to provide comprehensive information 30 days before starting operations. The electricity consumption and “technical specifications” for connection to the power grid must be provided before commencing operations. The amount and type of mining equipment used, the customs cargo declarations for that equipment and any investments planned for the next 12 months must also be included. Kazakhstan was flooded with an influx of crypto miners after the Chinese government cracked down on the p...
Zamfara government moves against illegal miners
Zamfara state government has warned illegal miners operating in the state despite Federal Government’s ban on mining activities, to desist or face prosecution. Dr Nuruddwen Isah, the state’s Commissioner of Environment, issued the warning on Saturday when he visited one of the suspected illegal mining sites at Sauna village in Talata Mafara local government area of the state. Newsmen report that the government’s warning followed an allegation and complaint by the Director of one of the licensed mining companies, Shamsudeen Sani. Sani alleged that the sole administrator of Talata Mafara local government area had mobilised machinery and was allegedly escavating precious stone on his (Sani) site. The commissioner warned all miners to as a matter of public importance, desist from engaging in m...
