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Mass Kazakhstan protests against energy prices jeopardize the world's Bitcoin mining hashrate

Started by Redaktion, January 05, 2022, 17:38:38

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After the Chinese ban on crypto mining, Kazakhstan quickly became the world's second-largest Bitcoin hashrate country, only to see its status go down with the statue of ex-President Nursultan Nazarbayev today. Rising energy prices and rationing of electricity were only harbingers of things to come for the Bitcoin mining community in Kazakhstan, as they now face an Internet blackout and unprecedented mass protests that already caused the fall of the government there.

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