A new mechanism has been introduced by the government of Kazakhstan for linking cryptocurrency mining activities with the nation’s cryptocurrency reserve policy. On July 23, the government approved the rules for strategic crypto mining. These give incentives to approved miners as well as increase the cryptocurrency reserve of the nation. As opposed to mining cryptocurrencies themselves, Kazakhstan will team up with the miners through a framework for electricity pricing.
The program allows eligible mining companies to have stable power tariffs and guaranteed power supply for up to ten years. Participating companies must contribute a portion of their newly mined Bitcoin to the Astana Hub Autonomous Cluster Fund. The National Investment Company of Kazakhstan manages the fund and plans to grow its reserves to at least $1 billion. Thus, cryptocurrency mining into the national investment policy of Kazakhstan.
Kazakhstan Extends Its Multi-Year Policy of Digital Assets
This new regulatory framework comes as another step in the process of developing the policy of digital assets in Kazakhstan. In 2020, Kazakhstan made the mining of cryptocurrencies legal, and later introduced the Law on Digital Assets in 2023. Kazakhstan announced plans for a national crypto reserve worth $500 million to $1 billion in 2025.
In March 2026, Kazakhstan’s central bank said it could allocate up to $350 million from its reserves to crypto investments through mining. The new mining rules enable Kazakhstan to build its crypto reserves through mining instead of making direct purchases or seizing assets.
Use of Public-Private Mining System in Various Countries
In Kazakhstan, other nations including Bhutan, El Salvador, the UAE, and Pakistan use the mining of Bitcoin as a way of increasing their crypto assets. In the case of Bhutan, it holds around 6,000 BTC, while in the case of El Salvador, there is ownership of 7,517 BTC, which includes the amount mined in-country. Unlike the mining process employed in these countries, where governments own mining stations, Kazakhstan used the public-private mining system to allow some of the private miners to mine Bitcoin and allocate a portion of this to the government.
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