Kazakhstan Proposes Powering Crypto Mining With Flared Oil Field Gas
- —Flared gas from 60 oil fields could generate up to 1.3 TWh for mining
- —Miners would set up rigs directly at or next to oil fields
- —The plan avoids adding pressure to the national power grid
- —Rollout depends on regulation, costs and infrastructure
Why it matters: Cheaper stranded-gas power could strengthen Kazakhstan's position as a mining hub, though the plan remains at an early stage.
Source: Coin Edition