Kazakhstan Teaches Bitcoin Miners a Lesson as Chaos Affects BTC Hashrate


  Kazakhstan has been plunged into a political and social maelstrom that could rock the world of Bitcoin (BTC) – as unrest over escalating fuel prices saw Kazakhtelecom, the national communications provider, pulled the plug on much of the country’s internet, reminding Bitcoin miners to secure...

Bitcoin, Ethereum, and Altcoins Tumble


  Bitcoin price started a major decline from well above the USD 47,000 level. BTC dived below the USD 45,500 support zone. It is currently (04:40 UTC) down almost 8% and is trading near USD 42,900. Similarly, most major altcoins declined sharply. ETH traded below the USD 3,800 and USD 3,750...

Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests


Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices...

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