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Euronews
Euronews
Galiya Khassenkhanova

Kazakhstan wants crypto miners to use power generated by excess oil field gas

Although acquiring cryptocurrencies is called mining, the process has little in common with extracting natural resources. Crypto mining requires large amounts of electricity to run specialised computers that solve complex mathematical equations in exchange for digital coins.

Kazakhstan's government is bringing the two together with a new project, where crypto miners will be able to use excess associated gas from oil fields to generate electricity at their own power plants.

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