Kosovo police seize 300 crypto mining machines amid electrical energy shortages

The police in Kosovo have ramped up their efforts to crack down on crypto miners within the nation, confiscating greater than 300 mining machines on Saturday alone.

An announcement issued by the Kosovo police on Saturday revealed that it had seized 272 “Antminer” Bitcoin mining machines within the municipality of Leposavic, and one other 39 mining machines close to Prishtina.

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

In the meantime, the police additionally stopped a driver carrying six crypto mining machines with 42 graphics playing cards (GPUs) close to Druar, in Vushtrri. The motive force has since been interviewed and launched.

The Minister for Financial system Artane Rizvanolli tweeted her help for the Kosovo police, writing: “Tens of 1000’s of Euros monthly of taxpayers’ cash is saved = vitality for a whole lot of Kosovar households through the disaster.”

Kosovo’s vitality squeeze

In December, Kosovo declared a state of emergency for 60 days amid an vitality disaster and electrical energy shortages. Since then, the Minister of Financial system launched a blanket ban on crypto mining on Wednesday. Kosovo presently imports over 40% of its vitality.

As beforehand reported by Cointelegraph, Bitcoin mining makes use of 101 TWh per yr or extra vitality than your complete nation of the Philippines. Regardless of this, miners are more and more turning in the direction of renewable vitality sources, particularly in the USA, which has change into the brand new hub for mining operations. 

In accordance to Netherlands-based information platform The Paypers, crypto mining has been on the rise in Kosovo for a while. Till very not too long ago, electrical energy has been free for these dwelling within the Serb-majority Northern municipalities for the reason that finish of the Kosovo Battle in 1999.

Associated: Iran pauses electrical energy exports because of crypto mining and scorching summer time

On the finish of Nov 2021, Electrical energy community system operator KOSTT introduced that it’ll not provide free energy to the 4 municipalities within the nation’s North: Mitrovica North, Zvecan, Zubin Potok and Leposavic.

The Balkan nation was a part of Serbia till 2008 when it declared independence and has upheld these subsidies since. In latest months, a number of different nations have additionally expressed issues about mining-related energy outages, together with Iran and Kazakhstan.

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