Bitcoin Mining Banned in Capital City Amid Power Grid Strain

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A country's Energy Ministry has imposed a year-round ban on Bitcoin mining operations within its capital city. The restriction was enacted to address ongoing power capacity shortages affecting regional electricity grids. Energy-intensive mining facilities had been placing significant strain on the local power infrastructure. The move targets what is reportedly the world's second-largest Bitcoin mining nation by hash rate. Authorities aim to stabilize energy supply by curbing the high electricity demands of crypto mining rigs.

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