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What just happened? Kuwait has declared cryptocurrency mining "illegal and unlicensed" as part of a broad crackdown to ease pressure on its strained power grid amid a worsening energy crisis.
Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the grid before the ...
Kuwait has banned cryptocurrency mining and is cracking down on the activity due to strains on electricity network ...
Kuwait is cracking down on cryptocurrency miners throughout the country, as reported by Reuters. Officials have blamed the practice for blackouts and for causing stress on its power grid.
KUWAIT CITY - The Ministry of Interior (MoI) issued a warning on Tuesday regarding unauthorized cryptocurrency mining activities within Kuwait, stating that these activities are unlicensed and a ...
KUWAIT (Reuters) -Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on ...