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Abkhazian miners risk exhausting Russia's emergency power supply

Abkhazian miners risk exhausting Russia's emergency power supply

CointimeCointime2025/01/14 06:11
By:Cointime

On January 14th, it was reported that due to a decrease in "humanitarian electricity" supplied by Moscow to Abkhazia, it is expected that the emergency electricity provided by Russia will be exhausted by February 18th. Abkhazia's only major hydroelectric power plant has been shut down due to low water levels in the reservoir, and the government is unable to prevent cryptocurrency miners from operating large-scale mines through legal loopholes. Residents believe that law enforcement agencies are aware of the location and owners of the mines but have not taken effective measures. This has led to anger from Russian citizens and media over Abkhazia's energy consumption, as Russian taxpayers have to foot the bill for it, and domestic electricity prices in Russia are also rising.

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