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Kuwait Clamps Down On Bitcoin Mining As Power Grid Reaches Breaking Point

Bitcoinist LogoBitcoinist22h ago

Kuwait Clamps Down On Bitcoin Mining As Power Grid Reaches Breaking Point - Bitcoinist

Quick Summary:

The government of Kuwait has initiated a crackdown on cryptocurrency miners throughout the nation, accusing them of aggravating power shortages with summer just around the corner, according to a Reuters report.

The interior ministry last week declared a “wide-ranging” security campaign targeting houses that have been converted into mining centers.

Authorities have focused on the southern sector of Al-Wafrah, where around 100 houses were said to be utilized for mining operations.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 03:00:44 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28327226

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Kuwait Clamps Down On Bitcoin Mining As Power Grid Reaches Breaking Point" was covered 22 hours ago by Bitcoinist, a news publisher based in Hungary.

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It's most recent story was published 9 hours ago.

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  • URL: https://tex.beamstart.com/news/kuwait-clamps-down-on-bitcoin-17462418116510

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