Abkhaz miners may exhaust Russia's emergency power supply

ChainCatcher news, according to Cryptonews, due to the reduction of "humanitarian electricity" supply from Moscow to Abkhazia, it is expected that the emergency electricity provided by Russia will be exhausted by February 18. Abkhazia's only major hydroelectric power station has been shut down due to low reservoir water levels, and the government is unable to prevent crypto miners from continuing to operate large-scale mining farms through legal loopholes. Residents believe that law enforcement agencies are aware of the locations and owners of the mining farms but have not taken effective measures. This has led to anger among the Russian public and media regarding Abkhazia's energy consumption, as Russian taxpayers have to foot the bill, while domestic electricity prices in Russia are also rising.

Timur Dzhindzholiya, head of the electricity supplier Chernomorenergo, stated that according to "Abkhazia's current consumption rate," the "electricity supply from Russia" can only "last until February 18." It is impossible to "extend" the emergency electricity supply for a "long time." Therefore, the provider has decided to extend the existing rolling blackout plan to six hours a day.