Kazakhstan Disconnected: Bitcoin's global computing power fell 12%.

According to CCTV Financial and US media, the re-emergence of the internet in Kazakhstan during the crisis affected Kazakhstan's bitcoin mining activities. According to data, Kazakhstan will become the second largest Bitcoin mining site in the world after the United States in 2021.

The uprisings in Kazakhstan have had a recent impact on internet communication in Kazakhstan, directly affecting some of the bitcoin mining lakes in Kazakhstan.

According to the report, just hours after the shutdown of the home network in Kazakhstan on the 5th of this month, The Block, a cryptocurrency and research consultancy, reportedly said by media that the strength of the global Bitcoin currency had fell 12%.

Power calculations are also called hash values, a unit that measures the working power of a Bitcoin network. The significant activity of many international mining companies in Kazakhstan suddenly declines. The total power consumption of various Bitcoin mining pools for mining and trading has been reduced from 12% to 16%.

Kazakhstan is a major Bitcoin mining country. According to data from the Center for Alternative Finance at the University of Cambridge, by 2021 Kazakhstan will become the second largest Bitcoin mining site in the world after the United States, with 18% of the world.

According to public data, Bitcoin recently declined and fell to a low of $ 40,574 on January 8, down more than 40% from its all-time high of $ 69,000 in November 2021. The last 7 days. At the same time, other cryptocurrencies have also "fallen". Market analysis shows that the prices of Bitcoin and other cryptocurrencies have fallen, which mainly affects Kazakhstan (cutoff)! As the price of oil in Kazakhstan recently increased due to the lifting of tariff restrictions, the President of Kazakhstan announced that the State Telecommunications Company has suspended the service network.