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Connect scattered updates into a story you can understand.
The reports cover developments including Russian crypto-asset holdings, Kazakhstan's mining power supply, California's Meme coin regulation, and Hong Kong regulatory cooperation.
Reports say that Kazakhstan is developing a mechanism allowing companies to use oil-field associated gas to power digital mining; industry insiders estimate that the gas could be converted into up to approximately 1.3 TWh of electricity.
Kazakhstan’s Ministry of Energy and other departments are formulating a legal framework that would allow mining companies to build their own power plants using oilfield associated gas to supply electricity for mining.
Hut 8 became the winning bidder for Poolin’s two Texas data centers; the transaction is still pending bankruptcy court review.
Cypherpunk Technologies appointed Nakamoto Chief Operating Officer Amanda Fabiano as a director; its subsidiary launched ZEC mining in August and incorporated its output into the treasury.
Paraguayan authorities reportedly cracked down on two illegal crypto-mining sites in Alto Paraná Department, seizing a total of 35 mining machines; the Chamber of Deputies requested that the National Electricity Administration report on industry electricity consumption, pricing, and regulation.
