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Kosovo seizes hundreds of cryptocurrency mining devices; one person arrested | South China Morning Post

Source: scmp.com scmp.com
News Snapshot:

Kosovo police on Saturday seized hundreds of cryptocurrency mining machines and arrested one person in the tense ethnic-Serb majority north as the country suffered an energy crisis. Cryptocurrencies such as bitcoin are created through solving complex equations – an endeavour that consumes enormous amounts of energy Tensions between the Serb-majority area and the ethnic Albanian majority government are running high and Kosovo’s government on Tuesday brought in a temporary ban on cryptocurrency mining in an effort to bring down electricity consumption. During the operation police “confiscated 272 different anti-miner devices used for the production of bitcoin”, a police statement said….

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