Kazakhstan Plans to Power Bitcoin Mining with Flared Gas
The government of Kazakhstan is developing a plan to allow Bitcoin miners to install power plants directly at oil fields to utilize associated petroleum gas that is currently being flared. The initiative, supported by Prime Minister Olzhas Bektenov, aims to tap into an estimated 1.2 to 1.3 TWh of energy annually across 40 to 60 oil fields without burdening the national power grid.
Summaries are written by AI from the original article. Not investment advice.