Abu Dhabi Authority Bans Crypto Mining on Agricultural Land
The Abu Dhabi Agriculture and Food Safety Authority (AFSA) has imposed restrictive measures on farmers mining crypto. The United Arab Emirates(UAE) regulators noted that the crypto miners used agricultural land to mine digital assets. In its advisory report, the AFSA urged farmers to avoid turning their farms into crypto-mining sites. The regulators claimed that individuals
Kimberly Crain2 min read
The Abu Dhabi Agriculture and Food Safety Authority (AFSA) has imposed restrictive measures on farmers mining crypto. The United Arab Emirates(UAE) regulators noted that the crypto miners used agricultural land to mine digital assets.
In its advisory report, the AFSA urged farmers to avoid turning their farms into crypto-mining sites. The regulators claimed that individuals engaging in crypto mining on their farms violated the Land Act.
The AFSA argued that farmers mining crypto used the farm for purposes other than the intended use. Compared to electricity consumed in agricultural practices, crypto mining has higher computation power, consuming large amounts of electricity.
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