Abkhazia Police Seize 396 Crypto Mining Rigs in 48hrs
Source: natanaelginting/Adobe Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity. The state’s political status is contentious. Many nations recognize it as part of Georgia, but others – including its closest ally Russia – have recognized it as a sovereign nation. The area’s climate and low power costs have made it a haven for crypto miners. But in recent years, many miners are thought to have established illegal connections to the grid – allowing them to power their hardware for free. This has caused the grid to falter, causing outages that last for up to five hours at a time. Even additional cross-border power supplies from Russia have not helped matters – as new overhead lines have q...
