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

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

Kazakhstan is allowing crypto miners to use excess associated gas from oil fields to generate their own electricity, in a bid to reduce gas flaring and increase oil output while attracting miners back to the country.

Kazakhstan Creates Framework for Oil-Field Gas to Power Crypto Mining

Decree No. 1347 directs officials to develop autonomous generation using associated petroleum gas and natural gas when those resources are not needed for state use.

Kazakhstan allows crypto miners to use excess oil field gas for power generation

Kazakhstan's new decree lets crypto miners use excess oil field flare gas for off-grid power, paired with tax breaks and stablecoin frameworks to