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posted by martyb on Saturday January 08, @10:43AM   Printer-friendly
from the charge-the-miners-more? dept.

Kosovo bans cryptocurrency mining after blackouts:

The government says security services will identify and clamp down on sources of cryptocurrency mining.

The mining is energy intensive and involves verifying digital transactions to get cryptocurrencies as a reward.

While all of Europe faces sharp price rises, Kosovo is enforcing rolling blackouts amid an electricity shortage.

The Balkan state's largest coal-fired power plant was shut down last month over a technical issue, forcing the government to import electricity at high prices.

A 60-day state of emergency, declared in December, gave the government powers to allocate more money for energy imports and impose stricter restrictions on power usage.

The blackouts have sparked protests and calls for the resignation of Economy Minister Artane Rizvanolli.

Energy prices are skyrocketing across Europe for various reasons, including low supplies from Russia and high demand for natural gas as economies recover from the Covid-19 pandemic.

The spike has been fuelled by geopolitical tensions with Russia, which supplies one third of Europe's gas. Russia has rejected European accusations that it has limited gas deliveries while tensions are raised

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  • (Score: 0) by Anonymous Coward on Saturday January 08, @05:16PM (2 children)

    by Anonymous Coward on Saturday January 08, @05:16PM (#1211094)

    The Russian troll is string in this one. Is he paid by Russia?

  • (Score: 1, Funny) by Anonymous Coward on Saturday January 08, @06:08PM (1 child)

    by Anonymous Coward on Saturday January 08, @06:08PM (#1211099)

    Maybe, but string trolls are paid with balls of string, so anyone can afford to hire them.

    • (Score: 0) by Anonymous Coward on Saturday January 08, @06:25PM

      by Anonymous Coward on Saturday January 08, @06:25PM (#1211105)

      That will keep them amused for.several hours but you still have to pay for the cat food.