Bitcoin mining pool hashrates fall amid Kazakhstan internet shutdown

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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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