Russia is considering shutting down the internet connection to the rest of the globe. What will occur? Is the hash rate decreasing? What will happen if the connection is re-established in a few years?
So far, Russia claims it's
not planning to get out of the Internet. I think that realistically Russia is heading to a semi-closed Internet, similar to what's the case in China (lots of banned websites, basically, but not completely inaccessible). China has worked on their version for a long time, but Russia might still be able to pull this off. They're blocking some major social networks already, and considering banning Wikipedia, of all things. But this doesn't mean that there's literally zero access to Facebook in Russia right now, for example, as people know how to use VPNs and can do so successfully. As for mining, I do think that it can be disrupted, but just like when something like this always happens, relocation is possible, and the overall impact on the price should not be high.