Kazakhstan's internet connectivity collapsed, causing Bitcoin to drop 12% of global electricity consumption

2022-1-9 09:28
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On January 9, US media reported that Bitcoin's mining operations in Kazakhstan had been severely affected by the resumption of internet use in Kazakhstan during the crisis. According to the report, just hours after the shutdown of the home network in Kazakhstan on the 5th of this month, The Block, a social networking and research site, is measuring the Bitcoin world. noted. network) reduced by 12%. Kazakhstan is a major Bitcoin mining country. According to data from the Cambridge University Center for Alternative Finance, Kazakhstan will become the second largest Bitcoin mining center in the world after the United States by 2021, with energy accounting for 18% of the global total. (News interface)

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