The government of Kosovo prohibits miners from continuing to produce cryptos. This is an emergency measure aimed at avoiding an electricity deficit in the country. It must be said that import prices have risen sharply.
A ban on crypto mining to guarantee energy supply
According a tweet from Bitcoin News on August 5, Kosovo authorities ban crypto mining. The decree corresponding to this announcement was issued by the government of Pristina during the week. The country’s authorities are well aware that this is an energy-intensive industrial activity. They had already had to ban mining last winter.
Indeed, the government wishes to be able to guarantee a sufficient energy supply for homes and businesses over the next few weeks and months. To do this, it has adopted several measures apart from banning crypto mining. For example, the authorities of Kosovo offer assistance to households which will enable them to cover heating needs. The national grid operator was also mobilized to guarantee the security of electricity distribution.
The cabinet of ministers of Kosovo has decided to ensure reduce the electricity consumption of all institutions. The Kosovo authorities have indicated that all these emergency measures will first be adopted over a period of two months. But, they can extend this period to 180 days by a majority vote.
The Kosovar government has decided to put in place emergency measures to deal with the current energy situation in the world. You should know that he recently had equipment seized from several illegal crypto mining facilities. This has led to tensions in the country.
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