Energy Ministry Restricts Bitcoin Mining in Capital to Ease Grid Strain
Authorities enforce year-round restrictions on energy-intensive cryptocurrency mining operations to mitigate persistent power capacity shortages.
The Energy Ministry has enacted year-round restrictions on cryptocurrency mining operations within the capital city. The regulatory measure targets energy-intensive mining facilities that continue to place heavy strain on regional power grids.
As the world's second-largest hub for Bitcoin mining power, the jurisdiction faces increasing challenges in balancing electricity supply and demand. The new mandates aim to mitigate ongoing power capacity shortages by curtailing industrial energy consumption from digital asset miners.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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