Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners

Bitcoin.com | Jul 24, 2021 at 10:00 AM
  • 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.
  • Chernomorenergo, the total capacity of the mining equipment operating in the republic was at least 40 to 45 megawatts in 2020.