{"id":416624,"date":"2022-03-15T17:51:40","date_gmt":"2022-03-15T14:51:40","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/over-100-illegal-mining-farms-were-shut-down-in-enforcement-raids-in-kazakhstan\/"},"modified":"2022-03-15T17:51:40","modified_gmt":"2022-03-15T14:51:40","slug":"over-100-illegal-mining-farms-were-shut-down-in-enforcement-raids-in-kazakhstan","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/over-100-illegal-mining-farms-were-shut-down-in-enforcement-raids-in-kazakhstan\/","title":{"rendered":"# Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a41305bbcdf1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a41305bbcdf1\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/over-100-illegal-mining-farms-were-shut-down-in-enforcement-raids-in-kazakhstan\/#%E2%80%9D_Over_100_illegal_mining_farms_were_shut_down_in_enforcement_raids_in_Kazakhstan_%E2%80%9C\" >&#8221; Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Over_100_illegal_mining_farms_were_shut_down_in_enforcement_raids_in_Kazakhstan_%E2%80%9C\"><\/span>&#8221; Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMDY3OGQ2NGEtNjQxMy00ZmY5LWI1OWUtMjU4OGJiNzQ0MTU1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>The Financial Monitoring Agency of the Republic of Kazakhstan <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.gov.kz\/memleket\/entities\/afm\/press\/news\/details\/340913?lang=kk\">reported<\/a> earlier on Tuesday that 55 illegal mining farms \u201cvoluntarily stopped their operation\u201d due to an enforcement campaign by the regulator, and another 51 entities\u2019 operations \u201cwere terminated.\u201d The enforcement operation targeted illegal mining operations that compromised the nation\u2019s energy network. The agency called for developing a clear regulatory <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach to crypto mining in its release.\u00a0<\/p>\n<p>According to the release, not only had all the targeted operators frozen the mining process, but they also dismantled the rigs and removed them from the \u201cplaces of deployment.\u201d<\/p>\n<p>The release mentioned a number of high-profile business figures who were allegedly tied to the illegal activity. Those included an ex-chairman of the state-owned Qazaqgaz gas company, a former head of the drug crime department of the national police, and the 17th richest person in the country.<\/p>\n<p>These operations were deemed illegal because they had not informed the regulators of their activity, had illegally attached themselves to the grid or had evaded tax and customs payments. Some of the energy the illegal operators used should have been allocated to industrial production. <\/p>\n<p>The agency seized more than 67,000 pieces of equipment worth some $190 million and opened 25 criminal cases. The daily energy consumption in the country reportedly went down by 600 MWh following the enforcement raid. <\/p>\n<p><strong><em>Related:\u00a0Kazakh ministry halts illegal crypto mining operations<\/em><\/strong><\/p>\n<p>The enforcement action comes as no surprise as Kazakhstan has been stepping up its efforts to lower the stress load that illegal crypto mining has been putting on its grid. In August 2021, the country housed more than 18% of the global BTC hash rate, but in February 2022 the national Ministry of Energy announced its strategy to identify and disconnect non-compliant mining farms from the grid. <\/p>\n<p>This is not to say that the country is eyeing any sort of a comprehensive crackdown on crypto mining. There are clear signs that the government is working on a reasonable regulatory approach that would help it benefit from the new opportunities. As the press release by the Financial Monitoring Agency goes, \u201cconsidering these developments, the interdepartmental task force is working on the systematic decisions to regulate the problematic issues.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/over-100-illegal-mining-farms-were-shut-down-in-enforcement-raids-in-kazakhstan\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan &#8220; The Financial Monitoring Agency of the Republic of Kazakhstan reported earlier on Tuesday that 55 illegal mining farms \u201cvoluntarily stopped their operation\u201d due to an enforcement campaign by the regulator, and another 51 entities\u2019 operations \u201cwere terminated.\u201d The enforcement operation&#8230;<\/p>\n","protected":false},"author":1,"featured_media":416625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvMDY3OGQ2NGEtNjQxMy00ZmY5LWI1OWUtMjU4OGJiNzQ0MTU1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74989,74858,75042,71511,76242,55229,70934],"class_list":["post-416624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-mining","tag-bitcoin-regulation","tag-mining","tag-government","tag-kazakhstan","tag-law","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=416624"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/416624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/416625"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=416624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=416624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=416624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}