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🇰🇿Kazakhstan, the world's 3rd-largest #Bitcoin mining hub, is facing a crypto crisis due to soaring energy costs!⚡️💸 Eight major mining firms have penned an open letter to the prez, warning of a mass exodus by year-end if nothing changes.😱 The culprits? Taxes on energy consumption, making Kazakh miners less competitive than their US, Russian, and Chinese counterparts.🌏🏭 But hey, at least the gov collected $7M in tax revenues, right?🤑💰 What do you think? Will the gov save the day, or will Kazakh crypto mining go extinct?🦖🔥 Share your thoughts below!👇 #DeFi #Web3 #Technology

🇰🇿Kazakhstan, the world's 3rd-largest #Bitcoin mining hub, is facing a crypto crisis due to soaring energy costs!⚡️💸 Eight major mining firms have penned an open letter to the prez, warning of a mass exodus by year-end if nothing changes.😱

The culprits? Taxes on energy consumption, making Kazakh miners less competitive than their US, Russian, and Chinese counterparts.🌏🏭

But hey, at least the gov collected $7M in tax revenues, right?🤑💰

What do you think? Will the gov save the day, or will Kazakh crypto mining go extinct?🦖🔥 Share your thoughts below!👇 #DeFi #Web3 #Technology

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