Moldova bans mining
This October, Moldova faced a powerful energy crisis. Trying to save resources, the government imposed a number of restrictions, such as turning off fountains and decorative lighting. The energy sanctions even affected escalators, which were forbidden to be turned on in the morning (from 7:00 to 11:00) and in the evening (from 18:00 to 23:00).
Mining, as a very energy-consuming activity, was also subject to restrictions. At its last meeting, the Emergency Situations Commission of Moldova imposed a complete ban on cryptocurrency mining and banned the import of equipment designed for mining. Note that Moldova is not the first region, which decided to prohibit cryptocurrency mining to save energy resources - recently, European authorities have also thought about restricting local miners' activities, and on the 20th of Maying was banned in Transnistria.
The authorities argue that the cost of electricity for mining in the world is comparable to the energy consumption of countries such as, for example, the Netherlands. The question of how many miners are currently working in Moldova and how limiting their activities can help save energy is still open.
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