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Author Topic: Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware  (Read 591 times)

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Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
« on: August 09, 2021, 10:25:58 AM »
Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages.

Over 80 Mining Rigs Confiscated From Crypto Farms in Abkhazia
Dozens of mining rigs have been running on stolen electricity in two cryptocurrency farms located in the rural areas of Ochamchira District, Abkhazia. Officials from the local power utility, Chernomorenergo, have confiscated 82 mining units, the distribution company announced on its Facebook page.



Over the past few years, crypto mining has become a popular income source in the partially recognized, breakaway republic in northwestern Georgia. However, the government in Sokhumi has blamed the growing electricity deficit in the territory on the energy-intensive activity of crypto mining.

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Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
« on: August 09, 2021, 10:25:58 AM »

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