Originally published at: https://www.channel-sea.cc/once-a-promised-land-for-bitcoin-miners-kazakhstan-is-shifting-the-regulatory-crosswinds-bitcoin-magazine/
Following a ban on Bitcoin mining in China, many operations fled to neighboring Kazakhstan. Now, changing regulations raise questions about their future. Bitcoin’s hash rate is hovering around all-time highs, but many miners are still struggling to recover from regulatory changes in regions that became major hubs for the industry. During the summer of 2021,…