The vulnerability of Kazakhstan’s bitcoin mining industry was put on full display last week, when the country’s internet shut down in the midst of anti-government protests, sparked by rising energy prices.
The world’s second largest miner saw its hash rate or computing power that secures bitcoin, fall by double digits, in a dramatic pullback from the 18.1% it’s estimated to contribute, according to Cambridge Center for Alternative Finance.
The disruption marked a big setback for a market…
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