We are not going anywhere just yet, says a spokesperson for BIT Mining, despite the political unrest and the nationwide internet blackout in Kazakhstan.
“It is unlikely that our mining machines will be evacuated to North America,” a spokesperson for BIT Mining reportedly said, adding that the firm will be closely monitoring the situation.
The representative also noted that Kazakhstan is not BIT Mining’s main area of business, as it has a number of “mid-to-high-end mining machines” deployed in North America. “It is unlikely that the machines will be withdrawn from Kazakhstan to North America, and further actions will be disclosed,” the report said.
According to some sources, Kazakhstan-based miners have managed to keep their units online despite the internet outages. “Some Kazakhstan miners told us that the internet was temporarily restored on January 7th. In addition, the 4G network of Chinese phones is also intermittently effective. The industry expects that the country may return to normal next Monday,” Chinese blockchain journalist Colin WuSources also said that some miners’ operations were unaffected because they are mostly located in remote areas, while protests were concentrated in the urban area of Almaty.
According to the latest data from network stability data provider NetBlocks, the internet in Kazakhstan had been shut down for 36 hours by Friday morning, with connectivity levels standing at 5%.where internet has been shut down for some 36 hours, placing public safety at risk and leaving friends and family cut off.
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