#Kazakhstan’s #Internet #Shutdown Drops #Bitcoin #Hashrate by 12%, will it impact #BTC #price?

source: https://coingape.com/kazakhstans-internet-shutdown-drops-bitcoin-hashrate-by-12-will-it-impact-btc-price/

Kazakhstan is notable as the second-largest contributor to the hashrate of the Bitcoin network. The Central Asian country that is a neighbor to China accounts for as much as 18% of the hashrate of Bitcoin, behind the US and ahead of Russia. The drop in the hashrate of Bitcoin was pointed out by the VP of research at The Block Crypto, Larry Cemak.

Don't the Bitcoin gurus always tell us that the #cryptocurrency would be independent of states and is intended precisely for such cases?


#fail #government #finance #politics #news #problem #money #Asia