Might Spain be the new Hub for Crypto Mining? Congresswoman Maria Muñoz proposed on Friday that Spain would become a crypto-friendly country during a time of protests in Kazakhstan - one of the world's leading bitcoin mining countries - which has negatively affected the Bitcoin mining industry. Maria Muñoz pointed out that the global mining speed has dropped by 14% in just two days due to the turbulent event in Kazakhstan. She also stated that the latest Bitcoin price fall was caused by the turbulence in the world's second largest mining hub (the biggest reason was probably the US Federal Reserve's proposal for interest rate increases). The cryptocurrency has fallen as low as $ 40,600 over the weekend but turned up yesterday.