One of the World’s Largest Mining Centers will be Launched in Kazakhstan

Kataryna Habeliia August 25, 2020


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One of the world’s largest mining centres will be launched in Kazakhstan in September

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A mining center with a capacity of up to 180 MW will be launched in Ekibastuz (Kazakhstan) in September 2020. This was reported by local media and noted that this cryptocurrency mining venture will become one of the largest data centers in the world.

Investors have invested more than $24 million in the creation of the appropriate infrastructure. The local authorities allocated land for the construction of the center.

The journalists found out that up to 50,000 pieces of equipment will be engaged in the production of cryptocurrency. The power supply of the mining farms will be handled by the Kazakhstan Electricity Grid Operating Company (KEGOC). The investor, represented by Energix, has already signed a corresponding agreement with power engineers.

It is known that representatives of such giants as, Canaan, ViaBTC, and Innosilicon visited the data center preparing for the launch.

Energix Sales Director Dmitry Ivanov told reporters that ASIC miners Bitmain AntMiner S19 or MicroBT WhatsMiner M30 will be engaged in the extraction of cryptocurrency. The data center in Ekibastuz will account for up to 4% of the total bitcoin hash rate (5–6 EH/s).

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