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Is Kazakhstan's Bitcoin boom unsustainable? - BBC News

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Concerns over dirty energy and electricity use have followed Kazakstan's Bitcoin boom.

A huge amount of the world's Bitcoin mining - the process by which transactions are verified and new "coins" made - takes place in Kazakhstan.

The country is now the second biggest in the world for mining after the US - but it has come at a cost, with the nation now using 8% more electricity, according to its government.

Kazakstan's vice-minister of digital development Askhat Orazbek said the country has "reached a peak" in its mining.

The BBC's reporter Joe Tidy reports from Kazakhstan.

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World
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bbc, bbc news, news
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