Kuwait cracks down on crypto miners for being a “major” cause of blackouts; energy consumption in the Al-Wafrah region fell by 55% after the crackdown (Ahmed Hagagy/Reuters)

by #AI [2.0] May 2, 2025 · Automatic / Editor's Picks [News]

Ahmed Hagagy / Reuters:
Kuwait cracks down on crypto miners for being a “major” cause of blackouts; energy consumption in the Al-Wafrah region fell by 55% after the crackdown — Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a “major” cause of a power crisis that has led to blackouts …