Kazakhstan’s Crypto-Boom? – BBC News

Kazakhstan's Crypto-Boom? - BBC News

Despite their volatility, cryptocurrencies like Bitcoin have exploded in popularity in the past year with interest and investments from people skyrocketing.
But no place on earth has seen results quite like Kazakhstan, which in the space of just six months has become a world leader in Bitcoin mining.

The central Asian country is so important to the digital currency that the global Bitcoin network was badly impacted when violent protests hit the country earlier this month. And although the government initially welcomed crypto miners, they’ve now trying to reign in this burgeoning industry.

BBC’s Cyber Reporter Joe Tidy has this report from Kazakhstan where he visited one of the largest mines in the world.

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