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Kazakhstan's Crypto-Boom? – BBC News

by 198 Philippines News
February 1, 2022
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Regardless of their volatility, cryptocurrencies like Bitcoin have exploded in reputation prior to now 12 months with curiosity and investments from folks skyrocketing.
However no place on earth has seen outcomes fairly like Kazakhstan, which within the house of simply six months has develop into a world chief in Bitcoin mining.

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The central Asian nation is so vital to the digital foreign money that the worldwide Bitcoin community was badly impacted when violent protests hit the nation earlier this month. And though the federal government initially welcomed crypto miners, they’ve now attempting to reign on this burgeoning trade.

BBC’s Cyber Reporter Joe Tidy has this report from Kazakhstan the place he visited one of many largest mines on the planet.

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