Kazakhstan's large-scale mine will open in September, Jia Nan yun Zhi, F2Pool and other companies have field investigation
In September, according to Coindesk, a mine in Kazakhstan will officially open that, according to Enegix, the operator of the company's mining facilities, can produce as much power as a small power station. They will be ready to open their 180-megawatt data center to the pool in early September.
Located in Ekibastuz, near the Russian border, the facility could hold up to 50,000 mining machines, its head, Dmitriy Ivanov, said. Assuming that AntMiner S19 series and MicroBT M30 of Bitcontinent are all loaded, the mining capacity is about 5-6 EH/s, which is about 4 percent of the current bitcoin computing power.
Enegix already operates two mining centers, but Ekibastuz is the largest, and the center will employ more than 160 people, including engineers, electricians and security guards. Construction of the facility began in August 2019 at a reported cost of $23 million. The centre will get its power directly from the Kazakh grid, which itself will get its power from a coal-fired power station in Russia. Ivanov says it is the cheapest source of energy.
Kazakhstan's electricity is cheap and plentiful, and most of its surplus power is now exported to neighbouring countries. To attract business and foreign investment, the government has created a tax framework to help further legalize cryptocurrency mining in the country.
Rhythm found that Kazakhstan now ranks fourth in the global distribution of computing power in Cambridge University's Bitcoin computing power map, up from sixth place in the third quarter of 2019. Ivanov said representatives from mining companies ViaBTC, F2Pool, Jana Yunzhi and Xinwei have visited the site.
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