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Kosovo: Police seize 300 crypto mining devices

 


The Kosovar economy minister tweeted that the country would save tens of thousands of euros a month by confiscating crypto mining devices.


The police in Kosovo are cracking down on crypto miners in the country. More than 300 mining devices were confiscated on Saturday alone.


A report by the Kosovar police on Saturday said that they had confiscated 272 Bitcoin mining devices of the "Antminer" model range in the municipality of Leposavic and a further 39 devices near Prishtina .


The police also stopped a driver who was transporting six crypto mining devices with 42 graphics cards (GPUs) near Druar, in Vushtrri. The driver was questioned and then released.


Economy Minister Artane Rizvanolli expressed her support for the Kosovar police on Twitter and wrote: "Tens of thousands of euros a month saved in tax money = energy for hundreds of Kosovar families in crisis."


Electricity shortage in Kosovo

In December, Kosovo declared a state of emergency for 60 days due to an energy crisis and electricity shortage. Since then, the Minister of Economic Affairs imposed a blanket ban on crypto mining on Wednesday . Kosovo currently imports over 40 percent of its energy.


As Cointelegraph previously reported, Bitcoin mining consumes 101 TWh per year. That is more electricity than the Philippines, for example, use. Miners are increasingly turning to renewable energy sources , especially in the United States, which has become the new mining hub.


According to Dutch news platform The Paypers, crypto mining has been gaining popularity in Kosovo for some time. Until recently, electricity has been free for residents of the predominantly Serbian communities in the north of the country since the end of the Kosovo war in 1999.


At the end of November 2021, the electricity grid operator KOSTT announced that it would no longer supply the four municipalities in the north of the country with free electricity: Mitrovica Nord, Zvecan, Zubin Potok and Leposavic.



The Balkan country was part of Serbia until 2008, but then declared its independence. In the past few months, several other states, including Iran and Kazakhstan , have also raised concerns about power outages due to mining .

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