Didar Bekbau

Didar Bekbau, CEO of Xive, dives deep into the rise and fall of Bitcoin mining in Kazakhstan. Once the world’s second-largest hub, new challenges have emerged since the 2021 China mining ban. Didar discusses how outdated Soviet-era infrastructure led to power shortages and soaring taxes that forced miners to flee to Russia and the US. He also highlights the potential for Kazakhstan to reclaim its status with strategic planning and investment, as well as the ongoing impacts of geopolitical events on energy markets.

Didar Bekbau, CEO of Xive, dives deep into Kazakhstan’s Bitcoin mining landscape, which soared to 18% of global hashrate post-China's mining ban. He discusses the devastating impacts of outdated Soviet-era infrastructure and rising electricity taxes, forcing miners to flee to Russia and the US. Didar also highlights the potential for a mining revival in Kazakhstan through strategic investment and planning. The conversation reveals the intricate balance between energy supply and the demands of the mining industry amidst ongoing regulatory challenges.