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3232Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
https://www.digit.info/despite-criminalizing-mining-abkhazia-uncovers-another-crypto-farm/
Thu, 19 May 2022 11:30:51 +0000https://www.digit.info/2022/05/19/despite-criminalizing-mining-abkhazia-uncovers-another-crypto-farm/Read more]]>Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto Farm, Seizes Mining Hardware Police in Abkhazia have closed down another crypto mining installation in […]
]]>Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
https://www.digit.info/abkhazia-seizes-6000-mining-devices-but-fails-to-disrupt-crypto-mining/
Sun, 26 Sep 2021 06:30:12 +0000https://www.digit.info/2021/09/26/abkhazia-seizes-6000-mining-devices-but-fails-to-disrupt-crypto-mining/Read more]]>Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000 Rigs Remain in the Hands of Miners, Government Says In recent […]
]]>Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
https://www.digit.info/abkhazia-shuts-down-2-crypto-farms-seizes-mining-hardware/
Fri, 06 Aug 2021 11:30:19 +0000https://www.digit.info/2021/08/06/abkhazia-shuts-down-2-crypto-farms-seizes-mining-hardware/Read more]]>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 […]
]]>Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
https://www.digit.info/abkhazia-holds-talks-with-russia-to-ensure-electricity-supply-for-crypto-miners/
Sat, 24 Jul 2021 08:00:49 +0000https://www.digit.info/2021/07/24/abkhazia-holds-talks-with-russia-to-ensure-electricity-supply-for-crypto-miners/Read more]]>The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. Abkhazia Wants to Create Conditions for Cryptocurrency Mining The autonomous […]