The State of Bitcoin Mining in Kazakhstan

The attractiveness of various regions for Bitcoin mining businesses differs drastically. Moreover, miners have multiple considerations impacting their operations. In some regions, miners may have the opportunity to establish extremely low-cost structures but may face an unstable regulatory environment. In other regions, the opposite may ring true.

Through speaking with industry leaders, the Bitcoin Mining Index gauges the attractiveness of regions for prospective and current Bitcoin miners. The index examines the conditions facing miners and how favorable these conditions are to long-term profitability and longevity of operations. We explore factors relating to electricity rates, energy mix, regulatory environment, and capital expenditure.