It didn’t take long before Kazakhstan’s electrical grid, much of it a legacy of Soviet times, started crumbling under the new load. On top of the miners’ demand, technical failures in interconnection lines and power stations greatly exacerbated the situation, such that Kazakhstan, which until 2021 was a net power exporter, now sometimes imports energy from Russia.
Bitcoin ETF Inflows Reshape Mining Sector Amid Geopolitical Tensions
With IBIT and FBTC dominating flows, institutional demand is reshaping Bitcoin’s mining infrastructure, efficiency frameworks, and global energy strategies through...
