Is Kazakhstan's Bitcoin boom unsustainable? - BBC News [lb9qSjWah3]

2025-01-02T09:19:52+0100

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Concerns over dirty energy and electricity use have followed Kazakstan's Bitcoin boom. A huge amount of the world's Bitcoin mining - the process by which transactions are verified and new "coins" made - takes place in Kazakhstan. The country is now the second biggest in the world for mining after the US - but it has come at a cost, with the nation now using 8% more electricity, according to its government. Kazakstan's vice-minister of digital development Askhat Orazbek said the country has "reached a peak" in its mining. The BBC's reporter Joe Tidy reports from Kazakhstan. Please subscribe HERE http://bit.ly/1rbfUog #BBCNews