Cryptocurrencies: 26307
Markets: 103788
Market Cap: $3,243,668,241,616     
24h Vol: $147,397,847,100
cryptonews 2023-02-07 14:00:00

Crypto Miners Blamed for Abkhazia Power Outages

Major power blackouts in Abkhazia have been blamed on illegal crypto miners, marking a fresh setback for the region. News headlines have been dominated by bitcoin (BTC) and altcoin mining in recent years in the de facto Caucasus-based state. Abkhazia sits in the northwestern corner of Georgia, bordering Russia. And its climate and low energy costs make it an ideal spot for mining tokens.... Read More: Crypto Miners Blamed for Abkhazia Power Outages
esptco-banner img

Videos
  • Cardano: What is Cardano (ADA)? Explained!

  • What is a Bitcoin Wallet? How Bitcoin Wallets Work? Public & Private Key Explained!

  • Helium Mining: New HNT Mining Hotspots Revealed!

  • What Is Better ? Hardware Mining or Software Mining? Pros & Cons Fully Explained!

Our Partners