Kosovo pulls plug on energy-guzzling Bitcoin miners
> while Kosovo has the cheapest energy prices in Europe due in part to more than 90% of the domestic energy production coming from burning the country’s rich reserves of lignite, a low-grade coal, and fuel bills being subsidised by the government.> The largest-scale crypto mining is thought to be taking place in the north of the country, where the Serb-majority population refuse to recognise Kosovo as an independent state and have consequently not paid for electricity for more than two decades.> global bitcoin mining consumes 125.96 terawatt hours a year of electricity, putting its consumption above Norway (122.2 TWh), Argentina (121 TWh), the Netherlands (108.8 TWh) and the United Arab Emirates (113.20 TWh).The absurdity of the bitcoin mining in the middle of the climate crisis is mind boggling.