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Kuwaiti authorities have intensified their crackdown on illegal crypto mining, investigating 31 cases and questioning 116 individuals. The operations involve unauthorized electricity use across 59 residential properties, straining the national power grid.
- Kuwait investigates 59 properties for illegal crypto mining, questioning 116 individuals.
- Residential electricity costs in Kuwait are just 4.6 cents per kWh, far below the U.S. average.
- Crypto mining is banned in Kuwait due to grid strain and public safety concerns.
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Other Tags: Power Grid