In Astana, law enforcement agencies seized 1,300 illegally operated cryptocurrency mining devices, which had been functioning under the guise of a tech center. The mining farm operated from 2022 to May 2024, consuming <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/">electricity</a> comparable to the monthly consumption of a residential area in a large metropolis. 
According to the Agency for Financial Monitoring of <a href="https://ultramining.com/news/en/global-bitcoin-mining-activity-soars-hashrate-hits-record-high/">Kazakhstan</a>, the <a href="https://ultramining.com/news/en/large-scale-cryptocurrency-mining-farm-uncovered-in-dagestans-kizilyurtovsky-district/">illegal miners</a> extracted cryptocurrency worth over 143 mln tenge ($300,000). The organizers accumulated a debt of 25.3 mln tenge ($4.8 mln) for electricity. All equipment, including mining devices, industrial fans, and a transformer substation, was confiscated. 
A criminal case has been initiated against the organizers. Since the beginning of 2024, Kazakhstan has issued 7 convictions related to illegal digital asset activities, confiscating assets worth over 1.2 bln tenge.

Kazakh Authorities Seize 1,300 Illegal Crypto Mining Devices in Astana

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