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Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue

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 s...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue
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....
Read More: Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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