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On account of a number of police actions, the Kosovo authorities seized greater than 300 cryptocurrency mining gadgets. In response to the nation’s Minister of Vitality and Financial system, the seizure will save “tens of hundreds of Euros per 30 days.”
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 improve of electrical energy. Trying to curb consummation through the winter and get rid of energy shortages, the federal government not too long ago introduced a blanket ban on cryptocurrency mining.
Just some days after the rule turned reside, native legislation enforcement businesses executed the primary seizure. In response to a current 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 automobile carrying banned tools close to the village of Druar. The driving force allegedly hid six crypto mining machines and 42 graphics playing cards (GPUs) at the back of his automotive.
Artane Rizvanolli – Kosovo’s Financial system and Vitality Minister – highlighted the police actions. Per her calculations, the confiscations will save “tens of hundreds of Euros per 30 days of taxpayers’ cash,” which equals vitality supposed for a whole lot of Kosovar households through the disaster.
Iran Enforced The Identical Guidelines
One other nation that introduced a brief 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 12 months.
Curiously, the Iranian authorities enforced the identical laws through the summer season, too. Between June and September final 12 months, when temperatures often 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 unit within the capital Tehran. The seizure was the biggest ever carried out by the native authorities. Previous to that, again in January 2021, the federal government seized practically 1,500 cryptocurrency mining gadgets.
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