Officials said the high energy consumption of mining farms is overloaded with electric networks. This negatively affects the supply of the energy of residential areas and critical infrastructure in the conditions of hot climate and high demand for electricity for air conditioners.
In the country, mining has been banned since 2023. The Kuwait government recalled that criminal or administrative prosecution is waiting for violators of the ban. The government instructed the Kuwait Ministry of Internal Affairs to strengthen the fight against illegal mining, since it “poses a threat to public security and stability of the national energy system.”
Kuwait is traditionally Counted One of the most profitable jurisdictions for mining cryptocurrencies in the Middle East after Libya and Iran. SA account of state subsidizing electricity prices the cost of one kW · h in Kuwait is four times lower than in the United States. According to data for April 2025, the average price Electricity for households in the USA – $ 0.1595 USD/kWh, while in Kuwait It is $ 0.045 USD/kW · h (0.014 KWD).
Earlier, the Kuwait capital department (CMA) has issued a circular about supervision of virtual assets. The regulator document completely prohibits the conduct of any operations related to the release and turnover of cryptocurrencies in the country.
Source: Bits
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