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#Bitcoin_mining and cryptocurrency mining have been banned in 🇰🇼 #Kuwait , the Ministry of Interior said in a statement on Tuesday, warning that the practice is considered unlicensed and therefore subject to legal action.
The ministry also noted the environmental impact of #Bitcoin and cryptocurrency mining, explaining that it consumes large amounts of energy, increasing pressure on the national electricity grid and potentially leading to power outages and disruptions to the power distribution network.
#Bitcoin_mining and cryptocurrency mining have been banned in 🇰🇼 #Kuwait , the Ministry of Interior said in a statement on Tuesday, warning that the practice is considered unlicensed and therefore subject to legal action.
The ministry also noted the environmental impact of #Bitcoin and cryptocurrency mining, explaining that it consumes large amounts of energy, increasing pressure on the national electricity grid and potentially leading to power outages and disruptions to the power distribution network.
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