Kazakhstan internet shutdown deals blow to global bitcoin mining operation
Unrest in the central Asian country – the second-largest centre for mining of the cryptocurrency – led to an internet blackout
• Kazakhstan unrest: what are the protests about?
The global computing power of the bitcoin network has dropped sharply as the shutdown this week of Kazakhstan’s internet during a deadly uprising hit the country’s fast-growing cryptocurrency mining industry.
Kazakhstan became last year the world’s second-largest centre for bitcoin mining after the United States, according to the Cambridge Centre for Alternative Finance, after China clamped down on crypto mining activity.