Kyrgyzstan to Spend $20M on Hydropowered Crypto Mine

• Kyrgyzstan’s President Sadyr Japarov has approved a $20 million investment to construct a cryptocurrency mining farm at the Kambar-Ata-2 Hydro Power Plant.
• The hydroelectric station produces 120 MW annually, with 90 MW used and 30 MW lost as excess energy.
• The mining farm will cease operations during winter when the hydroelectric station does not produce enough energy.

Kyrgyzstan to Spend $20 Million on Hydropowered Crypto Mine

The President of Kyrgyz Republic – Sadyr Japarov – has approved an investment of $20 million at the Kambar-Ata-2 Hydro Power Plant to build a cryptocurrency mining farm that can use up the excess energy produced by the plant each year.

Hydro Power Plant Details

The hydro power plant produces 120 MW of electricity annually, out of which only 90 MW is used while the remaining 30 MW is lost in vain. This means that over $37 million is wasted each year due to this flaw in production.

Crypto Mining Farm Switches Off During Winter

In order to make use of this excess energy, President Japarov has allowed for construction of a crypto mining facility at the power plant that can make use of this extra electricity and provide some benefit to the energy system. However, it should be noted that during winter when the productivity rate of the power plant drops, this crypto mining farm will have to shut down its operations temporarily until summer arrives again.

Benefits for Energy System

President Japarov believes that building this crypto mining farm would enable better use of excessive energy since they have nowhere else to sell it off. This way they can put some money back into their pockets and save losses from just letting it go into thin air every year.


In conclusion, spending $20 million on constructing a crypto mining facility at Kambar-Ata-2 Hydro Power Plant could prove quite beneficial for Kyrgyz Republic as it will help them make some money off its otherwise wasteful excess energy and also minimize losses incurred due to lack of buyers for it elsewhere.