
@zkat__ ("tired but ❄️festive🎄 gay") retweeted:
The Bitcoin network has been hit by a slump in computing power caused by a network shutdown in Kazakhstan. The network shutdown was triggered by a crackdown in response to protests caused by a spike in energy prices caused by... bitcoin miners moving to Kazakhstan.
with quote tweet:
📰The global computing power of the #Bitcoin network has dropped sharply as the shutdown this week of #Kazakhstan’s connectivity, which @netblocks registered as “a nation-scale internet blackout”, reports Reuters
https://www.reuters.com/markets/europe/bitcoin-network-power-slumps-kazakhstan-crackdown-hits-crypto-miners-2022-01-06/