Abkhazia government blames illegal crypto mining for energy crisis

Cointelegraph

Published Sep 18, 2020 04:36AM ET

Updated Sep 18, 2020 06:20AM ET

Abkhazia, a de facto state in the South Caucasus, continues to face an energy crisis. The head of the region’s national energy provider recently blamed increased crypto mining activity for the problems.

According to Jam News, the government’s year-old ban on crypto mining has not been respected nor enforced by the local authorities, with miners continuing to take advantage of the area's low energy costs.

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