Categories: Bitcoin Latest News

Internet Shut Down, Bitcoin Mining Offline as Kazakhstan’s Political Crisis Escalates

This episode is sponsored by Nexo, Abra and FTX US.

Download the episode

On today’s episode of “The Breakdown,” NLW provides a basic primer on the escalating political crisis in Kazakhstan. He covers:

The country’s basic economic overview and modern political history.The fuel price increase that started protests on Sunday.How protests spread throughout the week and became about a larger set of grievances.The country’s dramatic decision to shut down the internet.The implications for bitcoin mining.Where things stand today.

See Also:

Kazakh Bitcoin Mining Seen Hurt Following Energy Riots, Internet Shutdown

“The Breakdown ” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and Michele Musso, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Mikhail Svetlov/Getty Images Europe, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Read MoreFeedzy

This episode is sponsored by Nexo, Abra and FTX US.

On today’s episode of “The Breakdown,” NLW provides a basic primer on the escalating political crisis in Kazakhstan. He covers:

The country’s basic economic overview and modern political history.

The fuel price increase that started protests on Sunday.

How protests spread throughout the week and became about a larger set of grievances.

The country’s dramatic decision to shut down the internet.

The implications for bitcoin mining.

Where things stand today.

See Also:

Kazakh Bitcoin Mining Seen Hurt Following Energy Riots, Internet Shutdown

“The Breakdown ” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and Michele Musso, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Mikhail Svetlov/Getty Images Europe, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Recent Posts

Bitcoin slides 2% after U.S. close while Korea’s Kospi plunges 10%

Post ContentRead MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

46 minutes ago

Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what’s next

BTC held near $65,000 even as Nvidia and AI stocks fell sharply. This week's Fed…

9 hours ago

Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment

Bitcoin Magazine Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing…

13 hours ago

Strategy Skips Bitcoin Again, Buys Back $25M of STRC Stock

Bitcoin Magazine Strategy Skips Bitcoin Again, Buys Back $25M of STRC Stock Bitcoin treasury Strategy…

15 hours ago

Bitmine buys more ether as Tom Lee says rising ETH/BTC ratio points to stronger crypto prices

The Ethereum treasury company added nearly 10,000 ETH while expanding its stock buyback, citing ether…

16 hours ago

Bitcoin options traders are dropping their hedges going into the Fed meeting

The put/call ratio has fallen to about 0.52 from 0.76 in late June, and one-week…

17 hours ago