Kuwait Slams the Brakes on Rogue Crypto Miners—National Grid at Stake

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2025-05-01 12:20:19

Kuwait Cracks Down on Illegal Crypto Mining to Protect National Grid

Kuwait’s energy authorities just declared war on illegal crypto mining operations sucking power from the national grid. No more free rides for basement Bitcoiners.

Why it matters: When electricity theft masquerades as ’innovation,’ someone’s gotta pull the plug—literally. Kuwait’s move exposes the dirty secret of proof-of-work chains: someone always pays the power bill (hint: usually taxpayers).

The crackdown comes as energy-guzzling mining rigs—likely ghost operations avoiding import taxes—reportedly caused localized blackouts. Because nothing says ’financial revolution’ like destabilizing infrastructure for imaginary internet money.

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