ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Cryptocurrencies

Crypto influx from China pushes Kazakhstan toward nuclear power

Energy-rich nation, now the No. 2 currency miner, is suddenly thirsty for juice

A cryptocurrency mining company's data center in Kazakhstan on Nov. 6: Such operations have fueled an "abnormal" rise in the country's energy demand.   © Reuters

BISHKEK -- A surge in cryptocurrency mining is sparking electricity shortages in energy-rich Kazakhstan, driving the country to consider nuclear power.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more