Kosovo police seize 300 crypto mining machines amid electricity 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 Jan. Eight alone.

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

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

Meanwhile, the police additionally stopped a driver carrying 6 crypto mining machines with 42 graphics playing cards (GPUs) close to Druar, in Vushtrri. The driver has since been interviewed and launched.

The Minister for Economy Artane Rizvanolli tweeted her assist for the Kosovo police, writing: “Tens of thousands of Euros per month of taxpayers’ money is saved = energy for hundreds of Kosovar families during the crisis.”

Kosovo’s vitality squeeze

In December, Kosovo declared a state of emergency for 60 days amid an vitality disaster and electricity shortages. Since then, the Minister of Economy launched a blanket ban on crypto mining on Jan. 5. Kosovo at present imports over 40% of its vitality.

As beforehand reported by Cointelegraph, Bitcoin mining makes use of 101 TWh per 12 months or extra vitality than the complete nation of the Philippines. Despite this, miners are more and more turning in direction of renewable energy sources, particularly within the United States which has turn into the brand new hub for mining operations. 

According to Netherlands-based news platform The Paypers, crypto mining has been on the rise in Kosovo for a while. Until very not too long ago, electricity has been free for these residing within the Serb-majority Northern municipalities for the reason that finish of the Kosovo War in 1999.

Related: Iran pauses electricity exports due to crypto mining and hot summer

At the top of Nov 2021, Electricity community system operator KOSTT introduced that it’s going to now 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 concerns about mining-related power outages, including Iran and Kazakhstan.

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