Bitcoin network power slumps as Kazakhstan crackdown hits crypto miners

Bitcoin network power slumps as Kazakhstan crackdown hits crypto miners

Bitcoin ‘hash ratio’ drops after internet shutdown in Kazakhstan In August, the country acquired 18% of global bitcoin production capacity The share has grown sharply in the wake of China’s campaign Kazakhstan cut off the internet after bloody protests LONDON, Jan 6 (Reuters) – The global computing power of the bitcoin network has fallen sharply … Read more