we have here our gpu mining rigs. this whole thing mines approximately 125 bucks every day. every day? every day, yes. it allows us to pay of our rent. yeah. monthly. and something is left. internet is stable, it s cheap, but most important thing, electricity is not expensive. so you ve built all of this in the last. seven months. ..seven months? it s booming. we building more. despite the recent restrictions, the increasing domestic and international demands have put pressure on kazakhstan s energy supply and the government is surprisingly open about the situation. what s the government position on electricity shortages, and are people going to have blackouts in their homes? has it happened?
haven t stopped there. didar bekbau had to shut down this 2,500 rig mine because of the restrictions on electricity supplies. here we have our software team. but didar and his team aren t giving up on their expansion and are looking at new sites in the country. they ve even built a small mine in the office, inside this luxury apartment complex in central almaty. we have here our gpu mining rigs. this whole thing mines approximately 125 bucks every day. every day? every day, yes, and it allows us to pay our rent monthly, and something is left. internet is stable. it s cheap. but the most important thing
economic collapse than when anyone in the united states has been experiencing for a century. what s the blow back on the russian world? we ve already seen oil prices topping 125 bucks a barrel. a whole bunch of people tweeting me today that they filled up for more than $4 a gallon. we are seeing, approaching some of the highest prices for oil and gasoline that we ve seen in a while. that s going to happen all over the world. widows happens if this continues? it s probably about a 1% contraction in global gdp that we will experience in the united states and europe. it s a lot more persistent inflation. its supply chains being more severed and more challenged. longer time for you to get whatever it is you re trying to order. but that s really not the suffering. the suffering are the poorest. it s a combination, and we ve seen about 60 million people die of starvation in the last 12 months around the world, which is higher in the pandemic
rest up the world? we ve already seen oil prices topping 125 bucks a barrel. a whole bunch of people tweeting me today that they filled up for more than $4 a gallon. we are seeing, approaching some of the highest prices for oil and gasoline that we ve seen in a while. that s going to happen all over the world. widows happens if this continues? it s probably about a 1% contraction in global gdp that we will experience in the united states and europe. it s a lot more persistent inflation. its supply chains being more severed and more challenged. longer time for you to get whatever it is you re trying to order. but that s really not the suffering. the suffering are the poorest. it s a combination, and we ve seen about 60 million people die of starvation in the last 12 months around the world, which is higher in the pandemic than it was before the pandemic. that s going to get a hell of a
that s the united states. that s a wealthy comparatively educated country. in russia, this is vastly more dysfunctional. and you just have to appreciate that putin does have the capacity to drive that narrative, even in the case of what s going to be a much worse economic collapse than what anyone in the united states has been experiencing for nearly a century. what s the blowback on the rest of the world? we ve already seen oil prices topping 125 bucks a barrel. a whole bunch of people tweeting me today that they have filled up for more than $4 a gallon. we are seeing, we are approaching some of the highest prices for oil and gasoline that we ve seen in a while. that s going to happen all over the world. what else happens if this continues? it s probably about a 1% contraction in global gdp, and that we ll experience in the united states, and in europe, and it is a lot more persistent inflation, it s supply chains