The Dark Side  Of Kyrgyzstan's Crypto Boom

The Dark Side Of Kyrgyzstan's Crypto Boom

OilPrice.com

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While Kyrgyz authorities were preparing the population for possible electricity shortages this winter, a giant crypto-mining farm was consuming more power every day than cement factories, gold mines, and bazaars that employ thousands of people. Until this week, perhaps. On July 26, in a direct response to an investigation by RFE/RL's Kyrgyz Service (Radio Azattyk), President Sadyr Japarov tried to justify the work of an energy-hungry cryptocurrency-mining operation in Chui Province, near Bishkek, the capital. The operation close to an electrical…

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