Kuwait just recently adopted a hard-line stance against cryptocurrency mining. Thanks to their ban, energy use has plummeted across the board. This decision is a result of increasing concern about the stress on the national electric grid and risk of blackouts. In doing so, the agreement represents a watershed moment...
Kuwait’s Al-Wafrah region experienced a record 55 percent reduction in energy use. This steep fall came after a government-led campaign to shut down any and all illegal crypto mining facilities. This week, authorities raided the government’s estimated 100 homes housing illegal Bitcoin mining rigs. The findings, recently released in a...
Kuwait recently dealt a staggering blow to the crypto mining industry. The repercussions will be felt far outside the dunes of Al-Wafrah. A 55% reduction in energy use following police actions against people accused of illegal mining? That's not just a blip; it's a seismic shift signaling a much larger...
Last month, I witnessed something truly inspiring. A local hackathon, buzzing with coders, designers, and entrepreneurs – all focused on one thing: sustainable blockchain solutions. The energy in the room was infectious, a refreshing contrast to the pessimistic narrative that seems to dominate discussions about crypto’s environmental footprint. That last...
