Abkhazia | ForkLog

ForkLog 16 17.12.2024

Abkhazia’s Draft Law Proposes Prison for Cryptocurrency Mining

On December 16, the Abkhazian parliament passed in the first reading draft laws for a complete ban on cryptocurrency mining and criminal liability for such activities, as reported by TASS. Both documents aim to ensure the rational use of the republic’s limited energy resources. The first draft prohibits cryptocurrency mining, as well as the circulation, […]

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ForkLog 14 10.12.2024

Abkhazia Shuts Down Internet to Combat Illegal Mining

On December 10, from midnight to 7:00 AM, internet providers in Abkhazia, at the behest of authorities, disconnected internet access across the republic to counteract illegal mining. This was reported by Interfax. The government has established a task force to ensure the region’s energy security. Timur Dzhindzholia, CEO of Chernomorenergo, stated at a task force […]

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ForkLog 5 04.12.2024

Illegal Miners Push Abkhazia’s Energy Sector to Crisis

The authorities in Abkhazia have declared an energy crisis in the republic, attributing it partly to illegal cryptocurrency mining, reports TASS. The region is currently experiencing an emergency drop in water levels at the Inguri hydroelectric power station, which could lead to rolling blackouts and necessitate additional electricity purchases. Since 2016, energy consumption in Abkhazia […]

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ForkLog 9 22.05.2024

Authorities in Abkhazia’s Capital Shut Down 25 Illegal Bitcoin Miners

Police in Sukhumi, during raids to uncover illegal electricity connections and cryptocurrency mining, discovered three mining farms, according to the local Ministry of Internal Affairs. Nineteen devices were located in a repair workshop, four in a warehouse on a residential property, and two in the basement of a house. All equipment was confiscated. According to […]

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ForkLog 12 18.11.2023

In Abkhazia, miners face threat of equipment destruction

Since November, Russia has begun supplying electricity to Abkhazia on a commercial basis. Against this backdrop, in Sukhumi the operational headquarters for combating cryptocurrency mining has resumed operations, local media report.

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ForkLog 8 17.05.2022

Mining farm shut down in an Abkhazian village

An illegal farm of 31 ASIC miners was discovered in Abkhazia.

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ForkLog 12 13.04.2022

Abkhazia approves electricity tariffs for cryptocurrency miners

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

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ForkLog 13 04.04.2022

Abkhazia extends cryptocurrency mining ban to the end of 2022

On 1 April, the Abkhazian cabinet extended restrictions on cryptocurrency miners.

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ForkLog 6 22.11.2021

Abkhaz authorities acknowledge failure to establish a systematic approach to counter illegal mining

The President of Abkhazia, Aslan Bzhaniya, voiced dissatisfaction with the measures taken by authorities to combat illegal connections to power grids for cryptocurrency mining.

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ForkLog 5 07.10.2021

Abkhazia extends internet access restrictions for miners

The State Committee of Abkhazia for Communications, Mass Media and Digital Development has extended restrictions on access to sites that use cryptocurrency miners.

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ForkLog 12 24.09.2021

Abkhaz authorities report 6,000 confiscated crypto-mining devices stored in a warehouse

President Aslan Bzhaniya spoke about six thousand confiscated cryptocurrency mining devices that are currently stored in a special warehouse.

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ForkLog 8 21.09.2021

Abkhazia proposes seizing transformers to curb mining

Ongoing raids in Abkhazia to confiscate mining equipment do not solve the problem of illegal mining.

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