Abkhazia bans cryptocurrency mining until 1 June 2021
Vice-Premier of Abkhazia Kristina Ozgan said that all mining farms on the republic's territory would be disconnected until 1 June 2021. This was reported by Sputnik Abkhazia.Abkhazia is a region in the South Caucasus, recognized by some countries as an independent state.
Abkhazia bans cryptocurrency mining until 1 June 2021
Vice-Premier of Abkhazia Kristina Ozgan said that all mining farms on the republic's territory would be disconnected until 1 June 2021. This was reported by Sputnik Abkhazia.
Abkhazia’s Interior Ministry reports more than 1,000 illegal miners identified
Abkhazia's Ministry of Internal Affairs and energy-oversight specialists identified 14 mining farms that illegally consumed electricity in a week, according to the ministry's press service.
In Abkhazia, another large batch of miners detained
The Department for Combating Customs Offences and Rapid Response in Abkhazia, in cooperation with law enforcement, detected illegally imported mining rigs.
Abkhazia’s president comments on the mining situation
In some regions of Abkhazia, the load on the power grid allows mining, said Abkhazia's president Aslan Bzhaniya.
Abkhazia calls for tough action against miners amid power outages
In Abkhazia, widespread power outages have begun due to electricity shortages. Local parties and organisations criticised miners and urged authorities to 'take tough measures to curb illegal cryptocurrency mining'.
Miners detained in Abkhazia
Abkhazia's customs control detected an illegally imported batch of mining equipment. This was reported on the agency's website.
Abkhazia authorities register 65 mining farms
The Ministry of Economy of Abkhazia has included 65 mining farms in the registry. Sputnik reported, citing deputy economy minister Teimuraz Mikvabiya.
Abkhazia uncovers 100 illegally imported mining rigs
The Department for the Fight Against Smuggling and Customs Violations of the State Customs Committee of Abkhazia detected 100 units of cryptocurrency mining equipment imported in violation of the rules. This was reported on the agency's website.
Abkhazia Sets Tariffs for Miners
The Cabinet of Ministers of Abkhazia approved a series of measures to regulate mining and set electricity tariffs for miners, according to the cabinet's official website.
Abkhazia to regulate mining, not ban it, says president
Abkhazia's authorities do not intend to ban mining, but to regulate it. This was stated by Abkhazia's president Aslan Bzhaniya, according to Sputnik.
Media: Crypto mining puts Abkhazia’s power grid on the brink of crisis
Due to energy-intensive mining of Bitcoin and other cryptocurrencies, Abkhazia is on the brink of a crisis—the republic lacks electricity to meet the growing needs of its population and economy. Local media report this.We use cookies to improve the quality of our service.
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