Kazakhstan’s Hashrate Drops as Internet Blackout Persists Amid Nationwide Protests

Kazakhstan is second only to the U.S. in bitcoin mining hashrate, with about one-fifth of the global total according to August data from the“It looks like the internet connection is down in all of Kazakhstan,” Alan Dordzhiev, head of the Kazakh National Association of Blockchain and Data Center Industry told CoinDesk on Thursday. “Therefore none of the farms are able to connect to the mining pools.”said around 3 a.m.

Internet watchdog NetBlocks reported that internet connectivity in Kazakhstan is still almost nonexistent. Connectivity was initially lost around noon UTC Wednesday. “Metrics indicate a simultaneous loss of connectivity affecting multiple providers, which could indicate the use of a centralized kill-switch,” NetBlocks told CoinDesk in a Twitter message.

The internet was briefly and partially restored during the Kazakh president’s speech a few hours later, according to NetBlocks, when heerupted in the southern city of Zhanaozhen over a hike in the price of liquefied petroleum gas, commonly used to power cars, which took effect over the weekend. Kazakhstan’s electricity grid has been under strain in the last few months. That’s in part because of

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egreechee Wtf is wrong with them? How dare u to switch off the internet? Sure, I’m crying over my bags, but these citizens are the ones who fucked up.

egreechee Maybe don't gather all the miners in one place and it won't be such a problem?

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Bitcoin mining pool hashrates fall amid Kazakhstan internet shutdownKazakhstan'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. $BTC BTC BLOODY JANUARY. BIG DUMP COMING. They have best Uranium Solution is Starlink elonmusk
Source: TheBlock__ - 🏆 464. / 53 Read more »

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 »