Bitcoin mining is being banned in countries across the globe—and threatening the future of crypto

Here we go again. Kosovo is axing Bitcoin miners. It’s just the most recent in a long list of nations that are banishing the industry. China’s crackdown on Bitcoin mining last year, culminating in a full ban in September, unleashed a diaspora of producers seeking new homes. Many flocked to green sources in the Nordic nations, while others tapped coal and natural gas in Kazakhstan, Iran, Kosovo, and tiny Abkhazia; by last fall, more than one-quarter of all of the signature currency’s coins were being minted in Kazakstan and Iran alone.

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