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Re:Kazakhstan to restrict crypto miners amid power shortages by cletus on Wednesday November 03, 2021 @10:55AM (#29095554)
Re:Kazakhstan to restrict crypto miners amid power shortages by latchkey on Wednesday November 03, 2021 @11:59AM (#29096451)
China has banned mining.

Update cause I'm getting down voted: the point is that the quoted articles are talking about China and are therefore outdated. I'm not referring to what is happening today with regards to the movement of mining.

_Some_ miners moved to Kazakhstan, but the truth is, they went global.

Re:Kazakhstan to restrict crypto miners amid power shortages by LurkingPenguin on Wednesday November 03, 2021 @12:23PM (#29096803)
Did you read any of the articles? China banned mining. Chinese miners moved to Kazakhstan. Now Kazakhstan is having power shortages.
Re:Kazakhstan to restrict crypto miners amid power shortages by latchkey on Wednesday November 03, 2021 @01:40PM (#29097935)
Apparently you didn't fully read the article. The shortages aren't the miners, it is the fact that 3 plants shut down...

"On October 15, the national grid operator, KEGOC, announced electricity rationing after three major coal-fired power plants shut down. KEGOC did not directly blame miners, but it used language similar to the energy minister’s and said it was cutting off customers who “over-consume.”"

Re:Kazakhstan to restrict crypto miners amid power shortages by LurkingPenguin on Wednesday November 03, 2021 @01:56PM (#29098154)
> KEGOC did not directly blame miners, but it used language similar to the energy minister’s and said it was cutting off customers who “over-consume.”

And:

> "We have seen that our [country's] electricity consumption has literally increased by 7 percent in one year. That's a very big increase," Energy Minister Magzum Mirzagaliyev said on September 30, noting that consumption usually grows by about 2 percent per annum.

> Mirzagaliyev linked the demand to mining and proposed the government limit supplies of electricity to 1 MW per mining farm and to 100 MW for the whole sector.

Where's the mystery here? Again, hopefully for the last time: China banned mining. Chinese miners moved to Kazakhstan. Now Kazakhstan is having power shortages.

Re:Kazakhstan to restrict crypto miners amid power shortages by latchkey on Wednesday November 03, 2021 @02:12PM (#29098347)
> China banned mining. Chinese miners moved to Kazakhstan. Now Kazakhstan is having power shortages.

We wouldn't be reading about power shortages at all if 3 major power plants didn't go offline.

Re:Kazakhstan to restrict crypto miners amid power shortages by malermeister on Wednesday November 03, 2021 @04:17PM (#29099731)
We also wouldn't be reading about them if crypto people didnt increase power draw by 7%.