> Kazakhstan's crypto mining farms are mostly powered by ageing coal plants which themselves - along with coal mines and whole towns built around them - are a headache for authorities as they seek to decarbonise the economy.<p>Let's hope they stay shut off then.
Looking at the Bitcoin hash rate, it doesn’t look that extreme: <a href="https://www.blockchain.com/charts/hash-rate" rel="nofollow">https://www.blockchain.com/charts/hash-rate</a><p>What am I missing? Even of the whole of Kazakhstan stopped mining, and I hope they do, it wouldn’t kill Bitcoin. The difficulty will adjust but more miners will jump in as the difficulty goes down making it more affordable for others, fueled by greed unfortunately…<p>On another note, I’ve always wondered how so many people are running full nodes, knowing that they’re essentially hosting CP images and why this isn’t being cracked down on: <a href="https://internetofbusiness.com/bitcoin-blockchain-contains-illegal-porn-say-researchers/amp/" rel="nofollow">https://internetofbusiness.com/bitcoin-blockchain-contains-i...</a>
If more countries ban crypto mining we can successfully perform a 51% attack and destroy the value of Bitcoin, which should eradicate this useless and wasteful technology forever. Hopefully more countries follow suit and the attack can begin.
So this [1] has been going on and is pretty serious. It makes clear the importance of setting up mesh networks. If you're cut off from communication in the midst of something like this, you're helpless.<p>[1] <a href="https://thehill.com/policy/international/588318-kazakhstan-government-resigns-as-demonstrators-set-fire-to-capital" rel="nofollow">https://thehill.com/policy/international/588318-kazakhstan-g...</a>
Most miners in Almaty are fleeing to Kyrgyzstan now.<p>They have by far more valuables on hand than any bank. One shipping container farm == few megabucks depending on generation of ASIC miner chips.
Things are not looking good for Bitcoin<p><a href="https://www.youtube.com/watch?v=c_tcg9kOfkg" rel="nofollow">https://www.youtube.com/watch?v=c_tcg9kOfkg</a>