Moldova bans crypto mining amid energy crisis

2022-10-27 18:28

Moldova has banned crypto mining activities and the importation of its equipment because of the growing energy crisis, EPrimeFeed reported Oct. 26.

According to the report, Moldova’s Commission for Emergency Situations (CES) decided to embrace this measure in light of the energy crisis that has engulfed the region. Reports revealed that Moldovan President Maia Sandu ordered government agencies to save electricity and also assess the impact of the soaring energy cost on citizens.

Besides banning crypto mining activities, the authorities also introduced other electricity-saving measures like shutting down escalators within dedicated hours and turning off fountains and advertising, decorative, and architectural lighting.

Moldova is currently facing an energy crunch due to Ukraine’s inability to continue exporting 30% of the electricity it needs. Apart from that, Russia-owned Gazprom had informed the European country that its gas flows would be further reduced, and so will its electricity supplies from Transnistria.

An EU official said:

“We are working with the Energy Community to ensure Moldova can import gas and electricity from alternative sources other than Transnistria. But the challenge is not only the access to supply, but the financing as well.”

Meanwhile, several European countries have been forced to ban crypto mining due to concerns about high energy consumption. Earlier in the year, Sweden made a case for banning Bitcoin mining due to its proof-of-work mechanism.

The European Central bank also hinted at the possibility of banning Bitcoin mining due to environmental concerns.

The post Moldova bans crypto mining amid energy crisis appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Restart Energy MWAT (MWAT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0054454 (-100%)

energy mining crypto moldova crisis amid bans

Источник: cryptoslate.com

energy mining → Результатов: 126


Фото:

Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’

The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain.

2019-5-1 17:15


Canadian Province Offers Low-Cost Energy For Bitcoin Mining via Cold Climate, Hydroelectric Power

Bitcoin miners in Canadian provinces which include British Columbia, Quebec, Manitoba, Alberta, and Labrador are enjoying the perks of low-cost energy incentives. The Canadian province fits perfectly to the needs of running a Bitcoin mining operation due to its cool climate and abundance of hydroelectric energy availability. The perfect mining condition is aided by the […]

2019-4-17 19:25


New CoinMetrics Research: Energy Use Comparison with Crypto and Auto Industry is a Perspective Shifter

The environmental impact that cryptocurrency has had on the world has been researched through the years to a certain extent. Much of the attention has previously been on the toll that mining takes, though a researcher for CoinMetrics wanted to take a broader approach, finding out how the impact of the auto industry on the […]

2019-4-16 02:22


Dago Mining ICO

Green energy for bitcoins, ethereum, and other cryptomonetes mining. Dago Mining has one initial cost and zero cost on consumption. The cost of the energy component gives profitability to mining. We create our own green renewable energy power plant and we will not have any future energy cost increase.

2019-4-15 06:03


Фото:

Андреас Антонопулос рассказал, почему майнинг bitcoin всегда будет прибыльным

Известный предприниматель, криптофилософ и автор популярной книги «Освоение bitcoin: Программирование на блокчейне» Андреас Антонопулос считает, что изменения цены bitcoin не способны негативным образом отразиться на прибыльности майнинга.

2019-4-10 14:13


Фото:

Андреас Антонопулос: майнинг bitcoin всегда будет прибыльным

Известный предприниматель, криптофилософ и автор популярной книги «Освоение bitcoin: Программирование на блокчейне» Андреас Антонопулос считает, что изменения цены bitcoin не способны негативным образом отразиться на прибыльности майнинга.

2019-4-10 14:13


Фото:

MivHash a renewable energy cloud mining service is becoming the strongest contender in the cloud mining industry

The Massive Progress Of Mivhash Mivhash has started with a concept of renewable energy for cloud mining and for this purpose they use renewable energy that is low in cost. This is the reason why you can invest your Cryptocurrency with Mivhash without having to worry about the high prices for buying hardware that eventually […] The post MivHash a renewable energy cloud mining service is becoming the strongest contender in the cloud mining industry appeared first on ZyCrypto.

2019-3-29 16:42


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Молдова запретила майнинг криптовалют

Комиссия по чрезвычайным ситуациям Молдовы ввела ряд мер по экономии электроэнергии в период кризиса. Один из пунктов затрагивает индустрию майнинга криптовалют. Ранее вице-премьер страны Андрей Спыну предупредил о дефиците электроэнергии с 24 октября из-за массированных ударов РФ по энергетической инфраструктуре Украины и сокращения поставок российского газа.