Biggest Bitcoin Farm is Being Built in Kazakhstan

By Abhimanyu Krishnan | News | 24 Aug 2020

Mining facility operator Enegix will be building one of the biggest Bitcoin (BTC) mining farms in the world in Kazakhstan, according to a CoinDesk report published on August 21.

  • Enegix will open a 180 megawatt data center for mining pools in September 2020
  • The farm will be located in the city of Ekibastuz and can accommodate up to 50,000 mining rigs
  • If only top of the line mining hardware were used for the full setup i.e. Bitmain's AntMiner S19 series or MicroBT’s WhatsMiner M30, that would give the farm about 4% of Bitcoin’s hashrate
  • Construction has cost $23 million, but will benefit the local economy, including by hiring up to 160 people in various roles
  • Kazakhstan has been implementing crypto-friendly regulations in a bid to attract investment and businesses
  • The country is ranked 4th in terms of hashrate distribution with 6.17% of the network, according to the University of Cambridge

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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