Another Headache for Bitcoin Miners in Central Asia as Three Countries Hit With Blackouts
Three of the Central Asian countries — Kazakhstan, Uzbekistan, and Kyrgyzstan — have been hit by a power blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances.” However, Kazakhs...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Three of the Central Asian countries — Kazakhstan, Uzbekistan, and Kyrgyzstan — have been hit by a power blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances.”
However, Kazakhstan has blocked companies mining cryptoassets from Jan. 24 to Jan. 31, a spokeswoman for state-run grid operator KEGOC said, per Bloomberg.
Electricity supplies in Uzbekistan and Kazakhstan were being restored Tuesday....
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Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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