Kosovo decided to stop bitcoin mining

Due to the energy crisis that plagues the nation, Kosovo decided to stop the mining of digital assets until it is resolved

The Kosovo government recently announced the suspension of cryptocurrency mining due to limitations created by the winter season in the region.

This was indicated by the Minister of Economy, Artane Rizvanolli, who, following the recommendation of the Technical Committee on “Emergency Measures for the Supply of Energy”, chose to temporarily stop this activity.

It was recently learned that the region’s energy supply fell below the stipulated level, for which reason they have been forced to impose cuts in services during periods of higher consumption.

According to Rizvanolli, the government decided to create a technical committee to evaluate emergency power supply strategies in response to the situation. Based on the committee’s recommendations last week, the government decided to take emergency measures, including stopping cryptocurrency mining in all areas of Kosovo.

The report notes that law enforcement agencies are willing to intervene to stop the production of cryptocurrencies, and to work to identify the places where such operations are taking place.

“These actions are aimed at addressing the possible unexpected or long-term lack of electricity production capacities, energy transmission or distribution capacities in order to overcome the energy crisis without further disturbing the citizens of the Republic of Kosovo, “said the minister.

K. Tovar

Source: Cointelegraph

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