This Wednesday, Kazakhstan was ranked second in terms of ().BTCIn response to the sharp increase in fuel prices, a spike in mining hash rates caused unprecedented political unrest. However, this did not stop the resignation of the country’s presidency cabinet. The Kazakhtelecom state-owned company shut down the internet in Kazakhstan, leading to increased network activity. Slope to just 2% of your daily elevations.

This move was a major blow to Bitcoin mining in the country. As per data CompilationAccording to YCharts.com’s analysis, Bitcoin network’s total hash rate dropped 13.4% from around 205,000 petahash per seconds (PH/s), down to 177.330 PH/s. This country is responsible for 18% the Bitcoin network’s hash activity.