Alexander C. Kaufman pfp
Alexander C. Kaufman
@kaufman
Kuwait is cracking down on crypto mining due to the strain it's causing to the grid, which is roughly split between oil- and gas-fired generators. What do you guys think of this? https://www.reuters.com/business/energy/kuwait-cracks-down-cryptocurrency-mining-amid-power-crisis-2025-05-01/
6 replies
2 recasts
27 reactions

HH pfp
HH
@hamud
Miners can easily set up their own generators as Gas is stupid cheap there.
1 reply
0 recast
4 reactions

Alexander C. Kaufman pfp
Alexander C. Kaufman
@kaufman
so it was foolish to ever be drawing from the grid, you mean?
1 reply
0 recast
1 reaction

HH pfp
HH
@hamud
Yeah a lot of these operators are greedy and don't care about the side effects of their operations.
0 reply
0 recast
1 reaction