fuel price hike
Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country’s presiding cabinet resigned, but not before the state-owned Kazakhtelecom shut down the nation’s internet, causing network activity to plunge to 2% of daily heights. The move dealt a severe blow to Bitcoin mining activity in the country. As per data compiled by YCharts.com, the Bitcoin network’s overall hash rate declined 13.4% in the hours after the shutdown from about 205,000 petahash per second (PH/s) to 177,330 PH/s. The country accounts for 18% of the Bitcoin network’s hash activity. Just days prior, the Kazakh government removed price cap...
Just How High Will Petrol Prices Skyrocket in SA on Wednesday?
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Major Petrol Price Hike Could Cripple South Africa’s Economy says Expert
Sourced from the South African The major fuel price hike scheduled for tomorrow (3 June) is going to further hurt the economy and have a major impact on deeply indebted consumers. This is after the petrol price in the country slumped to a 21-year low as South Africa descended into a nationwide lockdown. All grades of petrol will spike at R1.18 ($0.07) a litre while diesel will increase by R0.22 ($0.013) a litre. Neil Roets, CEO of one of the largest debt counselling companies in South Africa, Debt Rescue, says the increases would have a devastating impact on consumers who are mostly three months or more behind in the repayments of their loans. /* custom css */ .tdi_3_56f.td-a-rec-img{ text-align: left; }.tdi_3_56f.td-a-rec-img img{ margin: 0 auto 0 0; } “This is going to lead to further un...
