H4shr8 Crypto Mining Podcast

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com Want to mine Bitcoin? Check out the Blockspace Media store today! Welcome back to The Mining Pod! Today, Didar Bekbau, CEO of Xive, joins us to analyze Kazakhstan's Bitcoin mining industry. Following China's 2021 mining ban, Kazakhstan briefly captured 15-18% of global hashrate, making it the second largest mining hub in the world, before government restrictions devastated the sector. Didar explains how aging Soviet-era infrastructure couldn't handle the surge, triggering a power price tax hike that drove miners to Russia and the US. He also explores whether Kazakhstan's energy-rich landscape might someday welcome miners back with proper planning and infrastructure investment. # Notes: - Kazakhstan peaked at 18% of global hash rate (2021) - Mining capacity dropped from 1600MW to ~200-400MW - Electricity tax reached $0.05-0.06 per kWh - Russia became primary destination