Kazakhstan Implements a 10% Mining Revenue Remittance System for Large-scale Miners

System Design for Power Supply and Asset Remittance

On July 18, the Kazakhstan government approved the 'Strategic Digital Mining Implementation Rules'. This applies exclusively to large-scale operators with self-owned data centers having a generating capacity of over 150MW. The decree states that the implementation date is August 1, although Sputnik news agency reported on July 22 that it would be enforced starting July 28.

The essence of the regulations combines electricity supply with cryptocurrency remittance, creating a new...