Because of a number of police actions, the Kosovar authorities confiscated greater than 300 cryptocurrency mining gadgets. Based on the state’s power and economic system minister, the seizure will save “tens of 1000’s of euros per thirty days”.
Kosovo’s ban is tightened
Like many different nations in Europe, Kosovo is at the moment combating an power disaster triggered by the sharp rise in electrical energy costs. To curb winter consumption and take away electrical energy bottlenecks, the federal government lately launched a blanket ban on cryptocurrency mining.
Simply days after the rule went into impact, native regulation enforcement companies carried out the primary seizure. Based on a latest announcement, the Kosovar Police and Kosovar Customs carried out a joint operation through which they confiscated 272 “Antminer” bitcoin mining machines within the Leposavic municipality.
In a separate operation close to the capital Prishtina, authorities seized one other 39 cryptocurrency mining gadgets, 35 of which had been useful on the time.
In the meantime, close to the village of Druar, police stopped a car carrying unlawful gear. The driving force reportedly hid six crypto mining machines and 42 graphics playing cards (GPUs) behind his automotive.
Artane Rizvanolli – Minister of Economic system and Power of Kosovo – highlighted the police actions. Based on their calculations, the confiscations will save “tens of 1000’s of euros a month in taxpayers’ cash”, which is the equal of power for a whole bunch of Kosovar households through the disaster.
Iran has enforced the identical guidelines
One other nation that has briefly banned cryptocurrency mining is Iran. As in Kosovo, the officers justified their determination with the growing energy consumption within the coldest months of the yr.
Curiously, the Iranian authorities additionally pushed by way of the identical laws over the summer time. Between June and September final yr, when temperatures usually fluctuated round 30-35 ° C (95 ° F), crypto mining was banned as officers intently monitored whether or not miners had been abiding by the principles.
In an operation earlier this summer time, police seized 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 native authorities. Beforehand, in January 2021, the federal government confiscated almost 1,500 cryptocurrency mining gadgets.
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