Macro· ★★★· bullish·

Kazakhstan Turns to Flare Gas to Power Crypto Mining Revival

  • —Miners can tap up to 1.3 TWh of power from flare gas
  • —Up to 60 oil fields in Kazakhstan produce flare gas for mining
  • —Oil companies avoid millions in disposal fees by selling waste gas
  • —New digital asset bill will regulate the market and cut emissions
Why it matters: Bringing miners back to Kazakhstan could boost global hashrate and expand access to cheap energy for the industry.
Source: Bitcoin.com