Panic as Kosovo pulls the plug on its energy-guzzling bitcoin miners

Speculators rush to sell off their kit as Balkan state announces a crypto clampdown to ease electricity crisis

For bitcoin enthusiasts in Kosovo with a breezy attitude to risk, it has been a good week to strike a deal on computer equipment that can create, or “mine”, the cryptocurrency.

From Facebook to Telegram, new posts in the region’s online crypto groups became dominated by dismayed Kosovans attempting to sell off their mining equipment – often at knockdown prices.

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(SOURCE) https://www.theguardian.com/technology/2022/jan/16/panic-as-kosovo-pulls-the-plug-on-its-energy-guzzling-bitcoin-miners

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