Despite major internet outages during anti-government protests in Kazakhstan, some miners bitcoins (BTC) they do not plan to leave the country yet.
BIT Mining, one of BTC’s largest mining companies, which relocated its operations from China to Kazakhstan last year, is still assessing the impact of political unrest in Kazakhstan. informed in Friday Chinese Industrial News Agency 8BTCnews.
“It is unlikely that our mining machines will be evacuated to North America.”
A spokesman for BIT Mining reportedly said, adding that the company would monitor the situation closely.
The deputy also noted that Kazakhstan is not the core business of BIT Mining because it has several “middle to upper class mining machines “.
Online despite a 36-hour internet outage
According to some sources, miners from Kazakhstan have managed to keep their units online despite internet outages.
“Some miners in Kazakhstan have told us that the Internet was temporarily reinstated on January 7. In addition, the 4G network of Chinese telephones is also intermittently functional. The industry expects the country to return to normal next Monday.
He stated in Friday Chinese blockchain journalist Colin Wu.
Sources also said that some of the miners’ operations had not been affected, as they were mostly located in remote areas, while protests were concentrated in the Almaty metropolitan area.
“We have not heard that any miners have been robbed, but they cannot benefit due to the disruption of the network.”
Said Wu.
According to the latest data from NetBlocks network stability provider, the Internet was at Kazakhstan by Friday morning for 36 hours off, with a connection level of 5%.
⚠️ Update: It’s now Friday morning in #Kazakhstan where internet has been shut down for some 36 hours, placing public safety at risk and leaving friends and family cut off.
Connectivity levels continue to flatline at just 5% of ordinary levels.
????Report: https://t.co/Op5GwzXKbh pic.twitter.com/xQIYdZVhbK
— NetBlocks (@netblocks) January 6, 2022
Conclusion
But despite ongoing national power outages, the unrest in Kazakhstan appears to have had almost no effect on the global bitcoin hash, according to some sources. Data from Blockchain.com suggest that the overall bitcoin hash rate has not fallen at all since the beginning of 2022.
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