• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home USA

Kosovo police seize 300 crypto mining machines amid electricity shortages

CB4U by CB4U
January 10, 2022
in USA
0
Kosovo police seize 300 crypto mining machines amid electricity shortages
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more than 300 mining machines on Jan. 8 alone.

An announcement issued by the Kosovo police on Jan. 8 revealed that it had seized 272 “Antminer” Bitcoin mining machines in the municipality of Leposavic, and another 39 mining machines near Prishtina.

The Kosovo Police confiscated 272 “Antminer” crypto mining machines in Leposavic on Jan 8. Source: Kosovo Police

Meanwhile, the police also stopped a driver carrying 6 crypto mining machines with 42 graphics cards (GPUs) near Druar, in Vushtrri. The driver has since been interviewed and released.

The Minister for Economy Artane Rizvanolli tweeted her support for the Kosovo police, writing: “Tens of thousands of Euros per month of taxpayers’ money is saved = energy for hundreds of Kosovar families during the crisis.”

Kosovo’s energy squeeze

In December, Kosovo declared a state of emergency for 60 days amid an energy crisis and electricity shortages. Since then, the Minister of Economy introduced a blanket ban on crypto mining on Jan. 5. Kosovo currently imports over 40% of its energy.

As previously reported by Cointelegraph, Bitcoin mining uses 101 TWh per year or more energy than the entire country of the Philippines. Despite this, miners are increasingly turning towards renewable energy sources, especially in the United States which has become the new hub for mining operations. 

According to Netherlands-based news platform The Paypers, crypto mining has been on the rise in Kosovo for some time. Until very recently, electricity has been free for those living in the Serb-majority Northern municipalities since the end of the Kosovo War in 1999.

Related: Iran pauses electricity exports due to crypto mining and hot summer

At the end of Nov 2021, Electricity network system operator KOSTT announced that it will no longer supply free power to the four municipalities in the country’s North: Mitrovica North, Zvecan, Zubin Potok, and Leposavic.

The Balkan country was part of Serbia until 2008 when it declared independence and has upheld these subsidies since. In recent months, several other nations have also expressed concerns about mining-related power outages, including Iran and Kazakhstan.

Advertisement Banner
Previous Post

The future of the Crypto Industry in 2022

Next Post

BTC/USD Recovering from 40505: Sally Ho’s Technical Analysis 10 January 2021 BTC

CB4U

CB4U

Next Post
BTC/USD Recovering from 40505: Sally Ho’s Technical Analysis 10 January 2021 BTC

BTC/USD Recovering from 40505: Sally Ho's Technical Analysis 10 January 2021 BTC

Discussion about this post

RECOMMENDED

Electricity Rates Increase 30% For Bitcoin Miners In Washington

Why This Bitcoin Miner Sold 3,000 BTC Over The Past Week

7 months ago
Ethereum accumulation trend hits new highs following FTX implosion

Ethereum accumulation trend hits new highs following FTX implosion

2 months ago

DON'T MISS

Here’s Why XRP Price Is Surging Despite Struggling Crypto Market

Are Whales Dumping XRP? Here’s What Data Suggests

January 27, 2023
WHAT I FOUND OUT ABOUT ED & THE CRYPTO PROGRAM…

WHAT I FOUND OUT ABOUT ED & THE CRYPTO PROGRAM…

January 27, 2023
U.S. and European Police Dismantle Hive Ransomware Group

U.S. and European Police Dismantle Hive Ransomware Group

January 27, 2023
Moody’s reportedly building a stablecoin scoring system

Moody’s reportedly building a stablecoin scoring system

January 27, 2023
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Here’s Why XRP Price Is Surging Despite Struggling Crypto Market

Are Whales Dumping XRP? Here’s What Data Suggests

January 27, 2023
WHAT I FOUND OUT ABOUT ED & THE CRYPTO PROGRAM…

WHAT I FOUND OUT ABOUT ED & THE CRYPTO PROGRAM…

January 27, 2023
U.S. and European Police Dismantle Hive Ransomware Group

U.S. and European Police Dismantle Hive Ransomware Group

January 27, 2023

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
en English
en Englishja Japaneseko Koreantl Filipinovi Vietnamesehi Hindibn Bengalita Tamilzu Zulusw Swahilide Germanfr Frenches Spanishpt Portugueseru Russian