Internet Blackout Reported in Kazakhstan Amid Escalating Anti-Government Protests
3 min ago•1 min read•Mining
Kazakhstan is one of the top countries in terms of Bitcoin mining. It accounts for 18.10% of the network’s hashrate and is currently reportedly experiencing internet blackouts, supposedly associated with the boiling anti-government protests.The network data provider – NetBlocks – reported today that the country of Kazakhstan is “in the midst of a nation-scale internet blackout after a day of mobile internet disruptions and partial restrictions.”According to the company, “the incident is likely to severely limit coverage of escalating anti-government protests.”Al Jazeera reported on January 4th that protests against the increasing energy prices are taking place in the country for a third consecutive day.
Why is this important for the cryptocurrency industry? Well, Kazakhstan is one of the top countries when it comes to Bitcoin mining.In fact, data from the Cambridge Bitcoin Electricity Consumption Index reveals that it’s the second most prominent country by this metric after the United States.Kazakhstan accounts for 18.10% of the hashrate of the Bitcoin network.Just yesterday, CryptoPotato reported that the NASDAQ-listed ASIC maker Canaan had partnered up with multiple mining companies in the country.Source
Police fired tear gas and stun grenades in a bid to break up an unprecedented thousands-strong march in Almaty, Kazakhstan’s largest city on Tuesday.