Abkhazia approves electricity tariffs for cryptocurrency miners

The Abkhazian cabinet approved new electricity tariffs, allocating miners to a separate category. This was reported by Minister of Economy Kristina Ozgan.

Under the authorities’ decision, cryptocurrency-mining consumers will pay 3.60 rubles per kWh.

The decree will take effect on 1 July 2022.

Separate tariffs for miners will apply if Abkhazia lifts the ban on this activity, Ozgan said.

Earlier in 2020, Abkhazia introduced restrictions on cryptocurrency mining. On 1 April the Cabinet extended the mining ban and the import of goods for carrying out this activity until the end of 2022.

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