Kazakhstan Links Crypto Mining to State-Backed Reserve

Kazakhstan has implemented new regulations for large-scale 'strategic' crypto mining that tie access to electricity quotas at regulated tariffs to participation in a state-backed digital asset reserve. The rules, approved on July 18, were published in Kazakhstan's PRG.kz legal database as Government Resolution No. 638.

Under the framework, designated miners receive electricity access in exchange for transferring part of the cryptocurrency they mine to Astana Hub, a government-supported technology cluster. Applicants must meet infrastructure requirements, including a mining data center capacity of at least 150 MW and hardware with minimum 150 TH/s per unit.

The framework introduces additional operational and compliance conditions, including staffing, repair capabilities, internet service contracts, and being current on tax and other payments. The government resolution is set to enter into force on August 1, 2026.