cryptocurrency mining: Kosovo seizes hundreds of cryptocurrency mining devices

cryptocurrency mining: Kosovo seizes hundreds of cryptocurrency mining devices

PRISTINA: Kosovo police on Saturday confiscated hundreds of crypto-mining machines and arrested a single person from the jittery ethnic Serb majority in the north as the country suffered an energy crisis. Cryptocurrencies like Bitcoin are created by solving complex equations – an endeavor that consumes huge amounts of energy Tensions are rising between the Serbian-majority … Read more

Bitcoin: Kosovo bans crypto currency mining after energy squeeze

A European country has said it will scrap the law on crypto miners after the massive amounts of power needed for the task led to a crisis. A European country has banned bitcoin mining because the large amounts of energy the process requires disrupts the power grid and contributes to blackouts. The government of the … Read more