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...
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....
Read More: Another Headache for Bitcoin Miners in Central Asia as Three Countries Hit With Blackouts
Original source
Read on CryptonewsRelated market context
Asian investors locked out of SpaceX’s $75B IPO are turning to crypto for a backdoor
Asian investors' pivot to crypto highlights a shift towards decentralized finance, underscoring potential regulatory and market ev...
Asian stocks rise after Trump hints at Iran war deal, Bitcoin follows the momentum
Market optimism from potential US-Iran peace boosts Asian stocks and Bitcoin, highlighting geopolitical influence on global financ...
Solana Foundation partners with Alatau City to boost Kazakhstan’s blockchain innovation ecosystem
Kazakhstan's strategic focus on blockchain innovation could position it as a leading tech hub in Central Asia, fostering economic...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Metamask Deepens Its Latam Footprint With Major Crypto Card Expansion Across 13 Countries
The wallet announced an expansion of its crypto-powered credit card in Latam, opening the doors for citizens in 13 countries to le...
UK armed forces intercept Russian shadow fleet in Channel, exposing crypto-powered sanctions evasion
The interception of Russia's shadow fleet highlights the evolving complexity of sanctions evasion, underscoring crypto's role in g...