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Kazakhstan
Kazakh Mining Slide Offers Lesson for US Lawmakers
Cracking down on US bitcoin miners for their energy use would have perverse consequences, says CoinDesk’s chief content officer.
CoinDesk Releases Annual Report Highlighting Key Trends in Crypto
CoinDesk Research Associate George Kaloudis joins the “First Mover” panel to discuss the 2021 CoinDesk Annual Report. Topics include the decline of bitcoin dominance, Ethereum gas fees triggering the rise of scaling-focused altcoins like Polygon and Solana, and how El Salvador’s legalization of bitcoin impacted the crypto market. Plus, a look into the future of bitcoin mining as Kazakhstan, the country that became second only to the US in bitcoin mining hashrate, is suffering the worst protests in 30 years and internet blackouts.
Kazakh Riots Hit Miners, Fed Hits Crypto Market
Kazakhstan riots hit crypto mining. Fed rate hike signal hits crypto markets. Volatility is not necessarily a bad thing for markets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Kazakhstan’s Hashrate Drops as Internet Blackout Persists
The outage comes amid mass protests in the world’s second-biggest crypto mining country.
Kazakh Bitcoin Mining Seen Hurt Following Energy Riots, Internet Shutdown
Protesters stormed public buildings on Wednesday, which was followed by the announcement of a possible dissolution of parliament.
ASIC Maker Canaan Signs Multiple Deals for Expansion in Kazakhstan
Canaan had 10,300 AvalonMiner units in operation in Kazakhstan as of Dec. 31.
Kazakhstan Piloting a CBDC on R3′s Corda Platform
The country’s central bank is expanding the pilot of a digital tenge and will decide if it wants to launch the token by the end of 2022.
Miners Look Away From Kazakhstan for Growth Opportunities
Relationships between the government and miners have turned sour as electricity shortages persist.
Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.
Crypto Miner Xive Shuts Down South Kazakhstan Mine Due to Electricity Woes
Mining in south Kazakhstan is no longer possible, Xive co-founder Didar Bekbau said.