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Kazakhstan mined 3,600 bitcoins in 2025, tax revenue hits 22.4 billion tenge

2 min
Kazakhstan mined 3,600 bitcoins in 2025, tax revenue hits 22.4 billion tenge

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Kazakhstan mined about 3,600 bitcoins through mining pools in 2025, a fourfold increase from 2023. Tax revenue from the industry reached 22.4 billion tenge, up from 9 billion tenge in 2023. Prime Minister Olzhas Bektenov ordered the formation of a full digital mining industry including an exchange, tokenization, and payment solutions.

Key Facts

  • Kazakhstan mined about 3,600 bitcoins through mining pools in 2025, a fourfold increase from 2023.
  • Tax revenue from the mining industry reached 22.4 billion tenge in 2025, up from 9 billion tenge in 2023.
  • 76 licensed miners and five accredited mining pools operate in Kazakhstan, with about 470,000 units of mining equipment registered.
  • Prime Minister Olzhas Bektenov instructed the Ministry of Artificial Intelligence and the Blockchain and Mining Association to develop additional measures for the industry.
  • The Ministry of Energy and the Ministry of Artificial Intelligence are to work out a mechanism for using gas and coal generation to power mining centers.

Mining Output and Tax Revenue

In 2025, Kazakhstan mined about 3,600 bitcoins through mining pools, a fourfold increase compared to 2023. Tax revenue from the industry grew from 9 billion tenge in 2023 to 22.4 billion tenge in 2025, a nearly 2.5-fold increase. Vice Minister of Artificial Intelligence and Digital Development Gizzat Baitursynov attributed the growth to the registration of miners and transparent reporting of mined digital assets. The trade turnover of crypto exchanges increased more than 30-fold in 2025 compared to 2023.

Industry Structure and Regulation

Kazakhstan has 76 licensed miners and five accredited mining pools, with about 470,000 units of mining equipment registered. Mining pools now provide information on mined digital assets on a permanent basis, allowing the state to systematically track industry volumes and development indicators. Over the past two years, legislation on digital assets was significantly updated, including the removal of the mandatory sale of 75% of mined assets through AIFC exchanges and the restriction on engaging in only one type of activity. Container-based mining solutions were also permitted under the updated legislation.

Government Directives

Prime Minister Olzhas Bektenov stated that Kazakhstan entered the top 10 countries in global bitcoin mining share by the end of 2025, according to international research. He emphasized that state policy should shift from quantitative growth of mining capacity to a higher-quality model with energy consumption control, transparent taxation, and integration into the global digital economy. The Ministry of Artificial Intelligence, together with the Blockchain and Mining Association and interested state bodies, was instructed to develop additional measures for further industry development. The Ministry of Energy and the Ministry of Artificial Intelligence are to work out a mechanism for using gas and coal generation to support mining centers.