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Kazakhstan: Miners resume production

 


After the serious unrest in Kazakhstan, large mining companies have resumed production. The hashrate, on the other hand, only recovers slowly. In the meantime, the troops of the Russian-led coalition are to prepare for the withdrawal from the Central Asian country.



The serious turmoil in Kazakhstan is slowly subsiding.

The chairman of the National Association of Blockchain and Data Centers Industry in Kazakhstan observed Alan Dordjiev as the production rate of mining companies resumed. In the meantime, 80 to 90 percent of the original capacities have been reached again.

Due to energy bottlenecks in combination with the temporary shutdown of the Internet, the hashrate in Kazakhstan had meanwhile fallen by almost 10 percent . Experts predict a recovery in mining activity in eight to ten weeks.

Dordjiev told the crypto medium BeInCrypto that the restrictions on legal miners had been “relaxed” significantly. A constructive exchange is currently taking place between regulatory authorities and company representatives.

It remains to be seen whether the threatened withdrawal of digital miners from Kazakhstan can be prevented. Power problems plagued the Central Asian country even before the unrest.

Meanwhile, the situation in Kazakhstan is stabilizing. The Russian-led military coalition is already planning to withdraw troops. The airport in the metropolis of Almaty, where the fighting was most intense, resumed operations.

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