Intensified Bitcoin mining activities: Abkhazia struggles with a severe energy crisis fueled by rampant Bitcoin mining. Despite seizure of 194 mining machines, operations persist, consuming a critical portion of the republic’s electricity.
Energy consumption remains HIGH: Electricity consumption in Abkhazia stays elevated despite HIGH costs and rolling blackouts. Government officials urge for a state of emergency as miners significantly strain energy resources.
Impact of halted Russian subsidies: Russia’s withdrawal of subsidized electricity has deepened Abkhazia’s crisis. The situation escalated, resulting in temporary suspension of network access to manage the grid’s pressure.
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