Crypto Mining Prohibition: Countries Banning It and What It Means for You

When a government bans crypto mining prohibition, a legal restriction on using computing power to validate blockchain transactions and earn new coins, it doesn’t just stop miners—it reshapes the entire local crypto ecosystem. This isn’t about stopping technology. It’s about control. Countries that enforce this rule aren’t targeting Bitcoin or Ethereum alone; they’re trying to keep financial power within their own systems. The Central Bank of Egypt, the national monetary authority that banned all cryptocurrency trading and promotion under Law No. 194/2020 is a clear example. They don’t just say "no"—they block bank transfers, shut down local crypto ads, and use religious rulings to back their stance. But here’s the twist: while mining and trading are outlawed, Egypt still uses blockchain for land records and customs. The tech isn’t the enemy. The money flow is.

Why do governments do this? It’s rarely about energy use, even though that’s the public excuse. In reality, it’s fear of losing control over capital. When people mine crypto, they bypass banks. They move money without permission. That’s a threat to central banks that rely on monitoring every dollar. In places like China, the ban was swift and total—mining farms were shut down overnight. In others, like Algeria or Morocco, the ban is quiet but strict: banks refuse crypto transactions, and local exchanges disappear. The blockchain regulation, laws that define how digital assets can be used, owned, or mined within a country isn’t always written in stone. Sometimes, it’s enforced through banking rules, tax pressure, or even social stigma. But the effect is the same: if you’re mining in a banned country, you’re doing it in the shadows. And if you’re caught, the penalties can be steep.

But here’s what most people miss: banning mining doesn’t kill crypto adoption. It just pushes it underground or overseas. People still buy, trade, and hold crypto—even in Egypt. They use peer-to-peer platforms, VPNs, or foreign exchanges. The real question isn’t whether mining is banned. It’s whether you can still participate safely. The posts below show you how countries like Egypt enforce these rules, what alternatives exist, and how people adapt without getting caught. You’ll see real cases, not theory. No fluff. Just what’s happening on the ground—and what you need to know if you’re anywhere near a ban.

Iraq Crypto Mining Ban Since 2017: What Happened and Why It Still Stands
Selene Marwood 12 November 2025 21 Comments

Iraq Crypto Mining Ban Since 2017: What Happened and Why It Still Stands

Iraq banned cryptocurrency mining and trading in 2017 over fears of financial instability and money laundering. Despite the ban, underground crypto activity thrives, exposing a gap between policy and reality.