Crypto Mining Causing Blackouts and Energy Riots
Key Points:
Kosovo has been enforcing rolling blackouts amid an electricity shortage due to their largest coal power plant shutting down last month due to technical issues.
The blackouts have caused protests and and even calls for the Economy Minister to resign.
Kazakhstan is also experiencing protests and riots regarding surging energy costs due to the extreme influx of crypto mining in the months following China’s crypto bans.
In response, the country’s largest telecom provider, Kazakhtelecom, shut off internet access throughout the country.