On account of a number of police actions, the Kosovo authorities seized greater than 300 cryptocurrency mining gadgets. In keeping with the nation’s Minister of Vitality and Financial system, the seizure will save “tens of 1000’s of Euros monthly.”
Kosovo’s Ban Intensifies
Just like many different international locations in Europe, Kosovo at present struggles with an vitality disaster prompted by the sharp worth enhance of electrical energy. Making an attempt to curb consummation through the winter and remove energy shortages, the federal government lately introduced a blanket ban on cryptocurrency mining.
Just some days after the rule grew to become stay, native regulation enforcement companies executed the primary seizure. In keeping with a latest announcement, Kosovo Police and Kosovo Customs carried out a joint operation, after which they confiscated 272 “Antminer” Bitcoin mining machines within the municipality of Leposavic.
Throughout a separate motion close to the capital Prishtina, the authorities seized additional 39 cryptocurrency mining gadgets, 35 of which had been functioning on the time.
In the meantime, the police additionally stopped a car carrying banned gear close to the village of Druar. The motive force allegedly hid six crypto mining machines and 42 graphics playing cards (GPUs) at the back of his automobile.
Artane Rizvanolli – Kosovo’s Financial system and Vitality Minister – highlighted the police actions. Per her calculations, the confiscations will save “tens of 1000’s of Euros monthly of taxpayers’ cash,” which equals vitality meant for a whole bunch of Kosovar households through the disaster.
Iran Enforced The Similar Guidelines
One other nation that introduced a short lived ban on cryptocurrency mining is Iran. Just like Kosovo, the officers defined their choice with the rising electrical energy consumption through the coldest months of the yr.
Apparently, the Iranian authorities enforced the identical laws through the summer season, too. Between June and September final yr, when temperatures normally hover round 30-35°C (95°F), crypto mining was forbidden because the officers had been strictly monitoring whether or not miners abide by the foundations.
Throughout an operation initially of the summer season, the police confiscated 7,000 bitcoin mining rigs hidden in an deserted manufacturing facility within the capital Tehran. The seizure was the most important ever carried out by the native authorities. Previous to that, again in January 2021, the federal government seized almost 1,500 cryptocurrency mining gadgets.