Bitcoin mining pool hashrates fall amid Kazakhstan internet shutdown

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Kazakhstan's government has cut off internet access amid escalating protests, and the country's bitcoin mining operations appear to be caught up in the fray.

from half a day ago — preceding the broader internet crackdown, as reported by multiple news outlets— and now indicates a decline in rates for numerous mining pools. The most significantly impacted are 1THash , OKExPool and KuCoinPool .

The situation is notable given that Kazakhstan is home to as much as 18% of the world's bitcoin hashrate, as estimated last fall by the Cambridge Centre for Alternative Finance. Major pools including F2Pool, AntPool and ViaBTC also saw declines, of 12.8%, 11.6% and 19.2%, respectively.Source: BTC.com

Word emerged early Wednesday that the Kazakh government moved to halt the country's internet access. Per The Guardian, this followed tightened access to mobile messaging platforms.is now in the midst of a nation-scale internet blackout after a day of mobile internet disruptions and partial restrictions.📰 Report:

 

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Top Bitcoin mining country Kazakhstan turns off internet amid protestsPrepare for turbulence. Kazakhstan, which boasts the second-largest Bitcoin mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests. All according to the plan to destroy Bitcoin mining in Kazakhstan🤪 Oh wow! That's some news. I've got great news as well to all the gamers out there, galaxy_sidus is still running it's pre-sale so you're not late yet. Join and Let's Get it ON!! 💪💪😎 sidusheroes sidus p2e gamefi The probability of Bitcoin  going to $100,000 is very possible than its going to 0, being bullish has become my habit 😩 You guys should Follow Eden_sbe he knows his stuff when it comes to BTC and other Cryptos, his tweet and tips have been really helpful over the years
Source: Cointelegraph - 🏆 562. / 51 Read more »