Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

Bitcoin.com | Oct 28, 2022 at 12:00 AM
  • The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis.
  • The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine.
  • The country’s government took steps this week to limit electricity consumption, including imposing a complete ban on the extraction of digital coins.