RATE Group | Government of Abkhazia to Intensify Identification of Crypto Mining Farms
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Government of Abkhazia to Intensify Identification of Crypto Mining Farms

13 Dec Government of Abkhazia to Intensify Identification of Crypto Mining Farms

Posted at 01:42h in Cryptocurrency News by

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Abkhazia, an autonomous region in northwest Georgia, is planning to intensify the works on the identification of cryptocurrency mining farms in the region.

According to a news release published on the Cabinet of Ministers’ website on Dec. 12, Prime Minister of Abkhazia Valeri Bganba held a meeting dedicated to the current state of the region’s electricity grids. The meeting saw the presence of representatives of the State Security Service, the Ministry of Economy, and the state electric utility Chernomorenergo RUE, among others.

Significantly increased loads on electric grids

During the meeting, some of the participants brought to notice that the significantly increased loads on electric networks are aggravated by the emergence of ever-greater number of illegal cryptocurrency mining farms connected to Chernomorenergo. In recent days, indicators have ostensibly exceeded the 40 Mwatt mark.

As such, Bganba gave the meeting participants the directive to intensify the works on the…

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