Kosovo bans cryptocurrency mining to deal with electricity shortages.
The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply.The executive power in Pristina has moved to stop the energy-intensive minting of digital coins in, a partially recognized republic in Southeast Europe.
The restrictions were agreed upon in the parliament of Kosovo last week, DTT Net reported. Kosovo has been experiencing power cuts amid increased demand for electricity during the cold winter months and authorities are trying to find solutions that will mitigate the energy crisis.