Bitcoin Miners In Kosovo Sell Mining Equipment Causing Panic After Federal Ban

The country’s Minister for Economy tweeted that the seizure of crypto mining machines will save “tens of thousands of Euros per month,” providing “energy for hundreds of Kosovar families.” 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”....

The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo Authorities Ban Crypto Mining to Save Needed Energy The executive power in Pristina has moved to stop the energy-intensive minting of digital coins in Kosovo, a partially recognized republic in Southeast Europe. The country is facing electricity shortages during the cold winter months, local media....

Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy crisis in the country. Authorities in Kosovo Confiscate Mining Hardware in Serb Majority North Law enforcement officers in Kosovo have confiscated hundreds of mining machines as part of efforts to curb crypto mining activities in the face of electricity shortages. One person has been arrested in the latest police....

The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The executive power in Kosovo has approved certain steps to ensure sufficient energy supplies for homes and businesses during the next weeks and months. Tass news agency reports that the respective decree has been published by the government in Pristina this....

Bitcoin mining is getting more and more competitive and obviously development of mining equipment gains in importance. Companies that produce mining equipment are striving to ensure that their customers have the most advanced technologies at their service, therefore they invest largely in its development. UFO Miners boasts their experience in this pursuit of innovations. Introducing highly efficient mining modules. In the beginning of 2014, UFO Miners started developing equipment for mining script cryptocurrencies. Shortly thereafter, the company began developing its second generation of....