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RE: Number Two Bitcoin Mining Country Kazakhstan Shuts Down Internet

in LeoFinance3 years ago

Ahhhh, possibly really silly question... but if 18% of the hashrate is suddenly unavailable, I assume that pushes up transaction fees? And maybe mining rewards for the rest of the 82%? Or does nothing really change because BTC has more hashrate available than the network needs?

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Good questions. But they are above my pay grade, lol. I would like to know the answers to them too. Let me know if you find out. :)