DJ Enegix Global Launches Government-Accredited BTCpool.kz in Kazakhstan
EQS Newswire / 24/10/2023 / 17:19 UTC+8 Enegix Global Launches Government-Accredited BTCpool.kz in Kazakhstan NUR-SULTAN, KAZAKHSTAN - Enegix Global, one of the world's leading hosting providers, is proud to announce the launch of BTCpool.kz, one of the world's first government-accredited mining pools. This groundbreaking initiative is integrated with the government informational system "Smart Bridge", enabling automated tax reporting. BTCpool.kz consolidates the hashrate of Kazakhstan's digital miners and enables transparent reporting of the digital miners' revenues to the tax department. This integration is a requirement of the new Digital Assets law enacted in Kazakhstan in April 2023, which mandates digital miners to operate via accredited mining pools to obtain a mining license. BTCpool.kz consolidates more than 5 EH/s of Kazakhstan's hashing power, making it the 11th largest mining pool globally according to https://miningpoolstats.stream/ Yerbolsyn Sarsenov, CEO of Enegix Global, commented on this milestone: "We are happy to share that we've launched the first accredited mining pool in the Republic of Kazakhstan. We believe that the blockchain industry is a significant sector that can't be ignored by the regulators. Transparent reporting of companies' revenues to the government will improve the industry's reputation and represents a solid model for fair taxation. It is another step forward to a more secure and responsible future for the blockchain industry." About Enegix Global Enegix Global is a leading hosting provider operating one of the largest data centers in the Eastern Hemisphere. With a focus on innovation and sustainable practices, Enegix is at the forefront of harnessing blockchain technology's potential. Press Contact: Olzhas Amirov +7 776 487 7777 pr@stankeviciusmgm.com File: Enegix Global Launches Government-Accredited BTCpool.kz in Kazakhstan 24/10/2023 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
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(END) Dow Jones Newswires
October 24, 2023 05:19 ET (09:19 GMT)
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