The fall in the rate occurred against the backdrop of protests in Kazakhstan, which is the second largest mining center in the world, wrote Forbes.
By data The Center for Alternative Finance of the University of Cambridge, Kazakhstan accounted for more than 18% of the power used for Bitcoin mining in August 2021.
As of 20.45 on January 9, the bitcoin rate was $ 42.1 thousand. About this testify data from the cryptocurrency exchange Coindesk.
Context:
Rallies in Kazakhstan began on January 2, when hundreds of residents of Zhanaozen, an oil city in the Mangistau region, marched to the akimat building to protest the rise in gas prices. Later, protests began in other cities, including Uralsk, Atyrau, Aktobe, Almaty, the capital Nur-Sultan.
4 January protests escalated into riots and clashes between protesters and law enforcement officers. Protesters in Almaty burst into the mayor’s officethen there A fire started… It was also reported about the seizure of the airport in the city… Later power announced his release from the protesters.
January 5, President of Kazakhstan Kasym-Zhomart Tokayev dismissed the government. He also instructed the antitrust authority introduce state regulation of prices for 180 days for liquefied gas, gasoline and diesel fuel and ousted the first president of the country, Nursultan Nazarbayev from the post of chairman of the Security Council of Kazakhstan. Despite this, protests in the country continue.
January 5 throughout the territory of Kazakhstan a state of emergency was introduced… In the country amid protests turned off the internet.
In the evening of January 5 Tokayev announced a “terrorist threat” in Kazakhstan and asked for help from the CSTO countries. On the same day, at a meeting of the CSTO Collective Security Council, a decision was made send peacekeeping forces to Kazakhstan… They have already “started to perform tasks” in this country… In total, from the CSTO to Kazakhstan will be sent 2.5 thousand military from member countries of the organization, said its Secretary General Stanislav Zas.
On the evening of January 6, Kazakhstani security officials said that liberated the center of Almaty from protesters, The media reported that they opened fire on people standing in the square, there were killed and wounded.
Tokayev on January 7 said that he allowed the security forces shoot protesters to kill without warning.
January 9 morning the Ministry of Internal Affairs of Kazakhstan said that “in all regions of the country the situation is stabilized”, the authorities regained control over the buildings of regional administrations. The number of detainees, according to official data, exceeded 5 thousand people.
As of January 9, the Ministry of Internal Affairs of Kazakhstan reported that among law enforcement officers killed 16 people, injured more than 1300… Official victim data among the protesters – 26 people were killed, and affected – more than 1 thousand people – have not been updated since January 6.
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