[ad_1]
In Kazakhstan involved in popular uprisings, 88,000 cryptocurrency companies had been transferred for several months.
Activities in Bitcoin, says Corriere della Sera, could in fact have a high energy impact and perhaps, they could also be a reason for the increase in the price of hydrocarbons in the country.
Similar problems, the well-known Italian daily continues, have been noted in several other countries, such as Kosovo and Iran, which have banned bitcoin transactions following problems with electricity. Meanwhile, cramps in the electricity network have been registered due to cryptocurrencies in some regions of China. Most of the 88,000 companies of this nature relocated to Kazakhstan during 2021, come from China.
According to the Financial Times, they have been lured precisely by the low domestic cost of energy, but this massive shift is estimated to have caused an increase in energy demand by 8% within a year, leading to a distribution network crisis and provoking outages continuous.
Kosovo recently faced an energy crisis following the rise in the price of energy imports. The government of Albin Kurti announced that the competent institutions will be committed to stop the production of cryptocurrencies, as it is suspected that the equipment with which they are produced, cause high consumption of electricity.
top channel
[ad_2]
Source link
