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Feb 9

Don't Blame the Cryptominers

They are helping in a way most people don’t understandJune 2021, the Chinese Communist Party banned bitcoin mining. Miners swiftly move to energy-rich Kazakhstan, making Central Asia the second-largest cryptocurrency mining region. However, in just a few months, the Kazakhstan government shuts down data centers, blaming crypto miners for the electricity shortages. According to Netblocks, a cyber security and internet governance watchdog, Kazakhstan’s national internet connectivity was just 5%...

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unsubject

Hong Konger | Essayist | Classical Liberal | Geek | Stoic | Agnostic | Chaotic Neutral

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