Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Abkhazia resumes crackdown on cryptocurrency mining

Abkhazia resumes crackdown on cryptocurrency mining

CointimeCointime2023/11/18 23:00
By:Cointime

Russia has been providing commercial electricity to Abkhazia since November. Local media reports that under this background, the authorities in Sukhumi have resumed their crackdown on cryptocurrency mining. The head of the capital, Beslan, emphasized that the authorities will tighten their means of combating illegal mining of cryptocurrency assets, and not only will the equipment be confiscated, but it will also be disposed of immediately. Astamur Haghush, the head of the Sukhumi Interior Ministry, said that inspections against mining have not stopped, and a total of 1,112 apartments, 712 households, and 405 basements have been inspected. Dzhambulat Arshba, the head of the SUES Energosbyt department, pointed out that by the end of this year, the number of electricity meters will reach about 13,000, and experts say this will cover more than 50% of users. Although cryptocurrency mining is currently prohibited, the regional authorities have approved special tariffs for miners in 2022.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Ethereum Poised for Explosive Breakout After Six Weeks of Consolidation

ETH has traded in a tight 2% range for six weeks, setting up for a strong breakout that could ignite a sharp rally.Six Weeks of Stagnation Turns into Bullish SetupWhy This Consolidation Is DifferentWhat to Watch Before the Pop

Coinomedia2025/06/20 09:00
Ethereum Poised for Explosive Breakout After Six Weeks of Consolidation

SOL Correction Nears End as Bulls Target $220-$250

Solana correction phase is ending; analysts eye a bullish breakout toward $220–$250 in the coming wave.SOL Price Correction Nears CompletionTarget Zone: $220–$250 for the Next WaveWhat to Watch Moving Forward

Coinomedia2025/06/20 09:00
SOL Correction Nears End as Bulls Target $220-$250

South Korea’s FSC Unveils Roadmap for Spot Crypto ETFs and Won‑Based Stablecoins

FSC eyes approval of spot crypto ETFs and easing of won-based stablecoin rules in H2 2025.South Korea Eyes Spot Crypto ETFs by Late 2025Korean Won-Based Stablecoins to See Regulatory ReliefA Broader Shift in Crypto Policy

Coinomedia2025/06/20 09:00
South Korea’s FSC Unveils Roadmap for Spot Crypto ETFs and Won‑Based Stablecoins