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Learning & News => News related to Crypto => Topic started by: newshunter on January 09, 2022, 07:00:26 PM

Title: Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report
Post by: newshunter on January 09, 2022, 07:00:26 PM

Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report

The crypto community reportedly expects Kazakhstan’s internet and mining industry to have returned to normal by next Monday.

Source: Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report (https://cointelegraph.com/news/chinese-crypto-miner-bit-mining-unlikely-to-flee-kazakhstan-report)

Would appreciate your opinion about this

Title: Re: Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report
Post by: Senin on January 09, 2022, 09:24:32 PM

I do not think that everything is as simple as it is said here. It is still completely unclear how further events will develop in Kazakhstan. President Tokayev relied on the physical destruction of the protesters by the hands of the Russian military occupiers. If the protests are stifled by force, then the influence of Russia with its hostile attitude towards cryptocurrency will increase in Kazakhstan. If the protests grow into a national movement against these invaders, then cryptocurrency miners will need to fear not only for their mining farms, but also for their lives.