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Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

The move dealt a severe blow to Bitcoin mining activity in the country. As per data compiled by YCharts.com, the Bitcoin network’s overall hash rate declined 13.4% in the hours after the shutdown from about 205,000 petahash per second (PH/s) to 177,330 PH/s. The country accounts for 18% of the Bitcoin network’s hash activity.

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Source: Cryptocurrency - investing.com

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