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Zcash (ZEC) $ 55.44
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,324.00
Jupiter Staked SOL (JUPSOL) $ 237.01
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ApeCoin (APE) $ 1.19
Chiliz (CHZ) $ 0.089469
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Echelon Prime (PRIME) $ 15.68
Conflux (CFX) $ 0.170748
Akash Network (AKT) $ 3.25
Eigenlayer (EIGEN) $ 3.41
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Mina Protocol (MINA) $ 0.612446
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Amp (AMP) $ 0.008623
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Gigachad (GIGA) $ 0.074571
Popcat (POPCAT) $ 0.727270
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Morpho (MORPHO) $ 4.01
ZKsync (ZK) $ 0.186835
Ether.fi Staked BTC (EBTC) $ 104,450.00
Synthetix Network (SNX) $ 1.96
Tether Gold (XAUT) $ 2,698.06
Peanut the Squirrel (PNUT) $ 0.664256
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Gnosis (GNO) $ 252.94
Frax (FRAX) $ 0.997970
dYdX (ETHDYDX) $ 1.44
Axelar (AXL) $ 0.720203
aixbt by Virtuals (AIXBT) $ 0.754718
Bio Protocol (BIO) $ 0.389144
Grass (GRASS) $ 2.57
usdx.money USDX (USDX) $ 1.00
pumpBTC (PUMPBTC) $ 103,401.00
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Verus (VRSC) $ 5.14
Hashnote USYC (USYC) $ 1.07
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PAAL AI (PAAL) $ 0.447320
Convex Finance (CVX) $ 4.79
Basic Attention (BAT) $ 0.262615
Enjin Coin (ENJ) $ 0.213844
Ankr Network (ANKR) $ 0.038095
Vana (VANA) $ 12.35
Ondo US Dollar Yield (USDY) $ 1.07
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Olympus (OHM) $ 22.54
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BENQI Liquid Staked AVAX (SAVAX) $ 48.81
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MX (MX) $ 3.80
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Magic Eden (ME) $ 2.66
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Canaan begins its own bitcoin mining operations in Kazakhstan

By Aleksandr On Jun 28, 2021

Bitcoin mining machines manufacturer Canaan has started mining bitcoin in Kazakhstan, following the crackdown on bitcoin mining in China.

Canaan said its AvalonMiner units are already in operation in Kazakhstan. When asked how many units and of which model have been deployed, a Canaan spokesperson declined to comment on specifics but said “a first batch of small-scale mining machines” have been deployed to start with.

Canaan foresees “a gradual ramp-up to full operational functionality over time,” the spokesperson added. The company has partnered with local mining companies in Kazakhstan for the initiative, they said.

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China-based Canaan has been preparing to launch a crypto mining business in Kazakhstan for some time now. Earlier this month, the Nasdaq-listed company opened its first overseas after-sales service center in Kazakhstan as its global sales continue to increase.

Kazakhstan appears to be growing in popularity for bitcoin mining after China moved to shut down local bitcoin mining farms last month. Kazakhstan is close to China and has one of the cheapest electricity rates in the world.

Earlier this week, China-based BIT Mining, formerly known as 500.com, also shipped some of its bitcoin mining equipment to Kazakhstan. The company is set to send more machines to the country next month.

Source link: cryptonews.net

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