Abkhazia Eyes Crypto Mining Regulations amid Fears of Winter Power Shortages

Abkhazia Eyes Crypto Mining Regulations amid Fears of Winter Power Shortages


A state-run energy company in Abkhazia is calling for the regulation of cryptocurrency mining activities to avoid the partially recognized republic being plunged into darkness this winter. According to Eurasianet, the cryptocurrency mining farms in Abkhazia, which are mostly located in abandoned Soviet factories, are guzzling a significant amount of electricity. As a result, it

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Posted by Mark Emem on December 17, 2018 @ https://www.ccn.com/abkhazia-eyes-crypto-mining-regulations-amid-fears-of-winter-power-shortages/

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