Banning cryptocurrency mining, Kosovo confiscates hundreds of devices

After the prohibition of cryptocurrency mining in Kosovo, where a state of emergency used to be declared, an operation was once additionally launched against the miners.

The Kosovo police, in an announcement the day before today, stated that masses of cryptocurrency mining units were confiscated and one particular person was once arrested. It used to be mentioned that the confiscated equipment consumed between 60,000 and ONE HUNDRED TWENTY,000 euros in electrical energy, equal to the per month electrical energy consumption of 500 homes. ”

Police had seized 70 mining gadgets in two operations earlier this week.

Minister of Financial System Artane Rizvanolli, on the different hand, lately launched crypto mining operations as an “emergency measure” in opposition to the electrical energy problem. ”.

On the other hand, some professionals argue that considering that there’s no legislation regulating mining process in Kosovo, there is no prison basis for police operations.

Kosovo has been experiencing aggravating days for some time. . The Government declared a 60-day state of emergency within the united states of america, the place many protests had been held because of energy cuts. The country’s power main issue escalated while one among the two main energy plants stopped running in December, bringing up technical reasons.