The Kuwait Ministry of Interior has issued a warning against illegal cryptocurrency mining after discovering over 1,000 locations potentially operating mining rigs. Cryptocurrency mining has been illegal in Kuwait since July 2023, following a ban by the Capital and Markets Authority. The Ministry's investigation revealed abnormally high electricity usage, prompting them to reaffirm the ban due to its classification as an unlicensed activity that violates national law. This situation raises concerns as illegal crypto mining in Kuwait can lead to power outages affecting essential services. Authorities urge violators to rectify their situations, threatening prosecution under applicable laws if they fail to comply. The Ministry has specifically flagged homes in the Al-Wafra region for their unusually high electricity consumption, suggesting persistent mining activity. Despite the ban, there are indications that some residents continue to engage in cryptocurrency trading.

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