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Kazakhstan to limit crypto mining

Ticker News ·
Ticker News
Ticker News

The country has seen an influx of bitcoin miners, putting a strain on the energy grid. The new law restricts miners from consuming energy from the national grid unless there is a surplus, which will be distributed among licensed operators. Those using renewable energy, imported electricity, or their own energy generation capacity not connected to the grid, are exempt from this cap.

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Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.