Kazakhstan turmoil slams bitcoin as key mining hub cut off

Internet shutdown and electricity shortages deal blow to world's No. 2 producer

20220107NY Collage bitcoin for Kazakhstan

Kazakhstan is one of the world's top hubs for cryptocurrency mining. (Source photos by AP and Reuters)

KEITA SEKIGUCHI, Nikkei fintech editor

TOKYO -- Bitcoin prices have dropped more than 10% in recent days as widespread protests rock Kazakhstan, one of the world's top hubs for cryptocurrency mining.

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