'
Breaking
May 8, 2025

Forests of Abkhazia ‘Buzz with Sound of Crypto Mining Rigs’ – With Russia Footing the Bill Tim Alper | usagoldmines.com

Russian citizens are fuming at reports that illegal crypto miners in Abkhazia are using Moscow-provided electricity to power their rigs.

Multiple media outlets and social media users have raged after a “Polish tourist” posted a report and a video appearing to show that ASIC Bitcoin (BTC) miners are operating in rural parts of Abkhazia.

These reports come just days after Russia began providing Abkhazia with “humanitarian supplies” of electricity.

Abkhazia: Crypto Mining Crisis

The Caucasus-based de facto state is closely allied with Moscow and is considered a breakaway Georgian republic by most Western and Western-aligned nations.

The “tourist” testified:

“Entire villages are humming; mountains and caves are buzzing [with the sound of ASIC mining rigs]. Cables carrying free electricity are stretching out into the forests. And the forests are also buzzing, too.”

The “tourist” also posted a video entitled “the sound of ASIC rigs over Abkhazia.” This video captures what appears to be the sound of whirring fans outdoors in a rural Abkhazian settlement.

A journalist for the Russian media outlet Noviye Izvestia wrote:

“Mining equipment in this backward, half-ruined country is installed in villages, mountains, forests, and caves.”

The article was titled: “‘Thank you, Russia!’ The Illegal Miners of Abkhazia are Burning up our Free Electricity.”

On Telegram, the popular Russian blogger Sergei Kolyasnikov mused:

“Look at this video! Can you imagine how many devices need to be operating to make so much noise? And each ASIC rig uses 3.5 kW of power. […] It seems that Abkhazia has become a Russian crypto mining offshore.”

‘Crypto Miners to Blame’ as Rolling Blackouts Return in Abkhazia

Timur Dzhindzholiya, the head of the Abkhazia power provider Chernomorenergo, said last month that illegal miners are using up “about 350 million kWh” per year.

Despite the influx of Russian power, Chernomorenergo has been forced to act, turning off power supplies for a fixed period every day.

The power grid, the firm claimed, cannot cope with “excessive loads.” It claims that “the main reason for” these loads “is illegal mining.”

The Ministry of Finance of Abkhazia has claimed that it expects to receive over five billion rubles (over $45 million) worth of aid from Russia in 2025.

“Meanwhile, electricity tariffs will increase across Russia from July 2025. In my native Sverdlovsk Oblast, we will pay between 12.6% to 19.5% more for energy this year.”

Russian blogger Sergei Kolyasnikov

Crypto mining-related controversies have led to public violence at the highest level. Last month, media outlets reported an Abkhazian lawmaker was shot dead during a parliamentary debate on banning crypto mining.

In previous years, Abkhazian communities have taken action, forcibly expelling suspected crypto miners to leave their villages.

The de facto state endured a torrid end to 2024, with its only power station – which is only partially located in Abkhazia – shutting down on December 11.

The Enguri Hydroelectric Power Station.
The Enguri Hydroelectric Power Station. (Source: Paata Vardanashvili [CC BY 2.0])

Activities at the Enguri Hydroelectric Power station were paused “due to critically low water levels” in one of its main reservoirs.

The day prior, the government forced internet providers to cut the entire de facto state’s internet access for seven hours.

The republic has also seen relations with Moscow deteriorate after politicians voted against agreeing on a new investment deal with Russia.

Moscow responded by cutting its funding to the de facto state. In recent days, however, the Abkhazian government has moved to repair its relationship with Russia. Its President claimed he would “try to strengthen relations with” Moscow.

“We very much appreciate Russia’s constant support in overcoming the energy crisis that Abkhazia is experiencing. And we appreciate Russia’s help in resolving other socio-economic development issues.”

Abkhazia President Badra Gunba

The post Forests of Abkhazia ‘Buzz with Sound of Crypto Mining Rigs’ – With Russia Footing the Bill appeared first on Cryptonews.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Bitcoin Price Eyes $100K Ahead of US-China Trade Talks George Georgiev | usagoldmines...

Crypto News | BTC, ETH, XRP Gain as Donald Trump Teases Major Trade Deal George Georgiev | usagoldm...

Crypto News | Flipster Makes Esports Debut as Official Crypto Exchange Partner of TALON’s Dota 2 Te...

Bitcoin Price Finally Approaches $100K After Almost 100 Days, New ATHS Soon? Anjali Belgaumkar | us...

Could $1000 XRP Become a Reality? Understanding The Hidden Plan Nidhi Kolhapur | usagoldmines.com

UK becomes the first country to make a trade deal with Trump Jai Hamid | usagoldmines.com

Trump Crypto Advisor David Bailey to Raise $300M for Bitcoin Investment Venture Shalini Nagarajan | ...

Dogecoin (DOGE) Flashes Bullish Signals—Is a Major Rally on the Horizon? Aayush Jindal | usagoldmine...

U.S. Banks Can Now Offer Crypto Services Without Approval—OCC Confirms Qadir AK | usagoldmines.com

OCC Grants Banks Permission to Buy and Sell Custody-Held Cryptocurrencies Shalini Nagarajan | usagol...

Bitcoin Price Eyes $100K as Bulls Regain Momentum, Buy Dips? Aayush Jindal | usagoldmines.com

Binance’s BNB Could Hit $2,775 By 2028, Predicts Standard Chartered Jake Simmons | usagoldmines.com

Ethereum Price Ready to Surge—$2,000 Level Could Be Within Reach Aayush Jindal | usagoldmines.com

Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K Christian Encila | usagoldmines.c...

XRP Price Breaks Key Resistance Level, Eyes Fresh Upside Momentum Aayush Jindal | usagoldmines.com

Did the SEC Fear XRP’s Collapse? Leaked Emails Expose 2021 Doubts About Ripple Anjali Belgaumkar | ...

Robinhood Plans Blockchain-Based Trading for US Securities in Europe: Report Cryptonews | usagoldmin...

Breaking: Arizona Becomes Second U.S. State to Adopt Bitcoin for State Treasury Anjali Belgaumkar |...

Pi Network News: Is Binance Finally Listing Pi Coin? Wallet Activity Fuels Hope Anjali Belgaumkar |...

Only XRP Still In Profit Among Euphoric Buyers—BTC and SOL Deep In Losses Keshav Verma | usagoldmine...

Crypto News | Stripe unveils AI foundation model for payments and deeper stablecoin integration Assa...

Ripple Price Prediction: When Will XRP Climb Above $3? Anjali Belgaumkar | usagoldmines.com

Solana (SOL) May Not Pump Like 2021, This New Altcoin Has Better Chances Cryptopolitan Media | usago...

Dogecoin Price Prediction: Diamond Bottom Pattern Points to Explosive DOGE Upside Michael Davis | us...

Bitcoin Shows Impressive 4H Strength – A Shift Toward Upside Break Sebastian Villafuerte | usagoldmi...

Crypto News | Treasury Secretary Scott Bessent sees stablecoins creating $2T in demand for governmen...

Brown University Bets $4.9M on Bitcoin via IBIT Lawrence Mike Woriji | usagoldmines.com

How Elon Musk’s Starlink is cashing in on Trump’s tariff talks Noor Bazmi | usagoldmines.com

South Korean Crypto Exchanges Fret Over Commission Fee Cap Fears Tim Alper | usagoldmines.com

Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? Scott Mathe...

Crypto News | Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platfo...

Robinhood Plans to Build Blockchain Tokenization Platform to Enable EU Investors to Access U.S. Stoc...

Robinhood is planning a blockchain to trade US assets in Europe Hannah Collymore | usagoldmines.com

Google loses $160B in value after Apple exec’s comments in antitrust case Hannah Collymore | usagold...

Avalanche (AVAX) Announces $250 Million Fundraising While Ruvi AI (RUVI) Is Expected to Explode and ...

Crypto News | Crypto.com Expands US Presence with New Washington, DC Office Wayne Jones | usagoldmi...

Crypto News | Bitcoin recovers but market still on edge with short-term holders near breakeven Gino ...

OCC Approves Banks to Handle Crypto Assets: Key Takeaways and Market Impact Steve Muchoki | usagoldm...

Ripple (XRP) and Ethereum (ETH) Whale Investors Are Rushing to Accumulate This $0.025 Token with 15,...

$MELANIA Lightning Buy Nets Traders $100M in 150 Seconds, Financial Times Reveals Julia Smith | usag...

XRP At $2.20? Analyst Insists It’s Not Too Late To Get In Christian Encila | usagoldmines.com

Crypto News | Congressman Torres proposes bill to ban federal officials from trading or owning crypt...

Crypto News | OCC reaffirms banks’ authority to offer crypto services without prior approval Gino Ma...

Bitcoin Dominance Nears 71% –  Is It a Warning or the Calm Before Altcoin Season? Mustafa Mulla | us...

G7 to confront North Korea’s billion-dollar crypto heists at Canada summit Nellius Irene | usagoldmi...

Amazon commits $4 billion in Chile for data centers Enacy Mapakame | usagoldmines.com

Japan’s Metaplanet Adds Another $53 Million Of Bitcoin As It Ramps Up BTC Buying Spree Brenda Ngari ...

Vivek Ramaswamy’s Strive To Launch Bitcoin Treasury Strategy With $1B War Chest Following Merger Dea...

XRP, Bitcoin Bet Earns Whale a $9 Million Jackpot — Here’s How Arnold Kirimi | usagoldmines.com

Summer of Crypto ETFs: Could XRP, DOGE, LTC and SOL Hit Wall Street Soon? Arnold Kirimi | usagoldmin...

Polkadot (DOT) Prints Classic Bullish Falling Wedge – Big Breakout Imminent Godspower Owie | usagold...

Electronic Arts to leave game prices unchanged after strong Q4 2025 earnings Collins J. Okoth | usag...

Ripple (XRP) Focuses on Institutional Adoption, But Ruvi AI (RUVI) is Rewarding Investors With 100% ...

Enthusiasts Who Missed Pepe Coin (PEPE) Are Now Flocking to Mutuum Finance (MUTM) Cryptopolitan Medi...

Jupiter introduces Universal Send feature on Solana to onboard new token holders Hristina Vasileva |...

Bitcoin and US stock markets see modest gains after Fed kept interest rates unchanged Jai Hamid | us...

Richard Blumenthal Probes $TRUMP Coin – Does Foreign Money Buy Oval Office Access? Julia Smith | usa...

Crypto News | Dogecoin (DOGE) Ready to Pop? Here’s What These Analysts Predict Dimitar Dzhondzhorov...

Crypto News | NymVPN: Redefining Privacy in the Digital Age Bridgit Murphy | usagoldmines.com

Crypto News | Bitcoin Reacts to US Federal Reserve’s Decision to Maintain Interest Rates Jordan Lya...

Crypto News | MOVE Plunges to ATL as Movement Labs Terminates Co-Founder Rushi Manche Wayne Jones |...

Crypto News | ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineeri...

Crypto Market Stays Flat as Fed Holds Interest Rates Steady After FOMC Meeting Shayan Chowdhury | us...

$0.025 Altcoin Expected To Replace Solana (SOL) And Dogecoin (DOGE) In Portfolios Cryptopolitan Medi...

Polish crypto firms struggle with uncertainty amid discussions on delayed law Lubomir Tassev | usago...

Tariff suspension powers market cap by 10%, BTC dominance at 4-year high in April: Binance Hannah Co...

Jerome Powell says the Fed won’t make progress on its goals this year if Trump’s tariffs stay Jai Ha...

New Jersey Governor Candidates Turn to Crypto – Could a Token Strategy Sway June Voters? Hongji Feng...

XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge Scott Matherson | usagoldmin...

Revolut partners with Lightspark to integrate Bitcoin lightning payments Assad Jafri | usagoldmines....

Crypto News | Dogecoin (DOGE) Ready to Pop? Here’s What These Analysts Predict Dimitar Dzhondzhorov...

Mutuum Finance (MUTM) Is Making Strides To Compete With Cardano (ADA) and Chainlink (LINK) Cryptopol...

South Korea’s presidential frontrunner vows to approve spot crypto ETFs Collins J. Okoth | usagoldmi...

US Treasury Secretary Scott Bessent gives urgent briefing on global financial health Jai Hamid | usa...

Democratic hopefuls in New Jersey embrace pro-crypto playbook Nellius Irene | usagoldmines.com

Federal Reserve leaves interest rates unchanged Jai Hamid | usagoldmines.com

ZachXBT discovers another $45M drained from Coinbase users in the past week Hristina Vasileva | usag...

Amid Push for $10 XRP Price Explosion, Bitwise Breaks Down What Really Powers Ripple’s XRP Value New...

Is Pi Network About to Explode? Bollinger Bands Hint at Imminent Breakout Alejandro Arrieche | usago...

Blockchain gamification drives 230K‑user growth as DePIN market hits $18.9B Rachel Wolfson | usagold...

IOTA Reveals First Liquid Staking Protocol, Swirl Sead Fadilpašić | usagoldmines.com

XRP Bulls Expect A Breakout As Price Compresses Between Key Levels – Details Sebastian Villafuerte |...

Crypto News | Hong Kong brokerage Futu adds crypto deposits with Bitcoin rewards for users Oluwapelu...

Crypto News | MoonPay Enters Strategic Collaboration with TRON News Desk | usagoldmines.com

Crypto News | Vivek Ramaswamy’s Strive makes bold move as first NASDAQ-listed asset manager with a B...

Trump’s trade tariffs and restrictions on China rattle chip industry, spark loss warnings Collins J....

More than 50% of US taxpayers don’t qualify for Elon Musk’s $5,000 DOGE stimulus Jai Hamid | usagold...

Smart Money Is Buying Solana (SOL), Shiba Inu (SHIB), and Mutuum Finance (MUTM) Cryptopolitan Media ...

Strive Asset Management joins the Bitcoin treasury trend Hristina Vasileva | usagoldmines.com

EU to place huge tariffs on Boeing jets as retaliation for Trump Jai Hamid | usagoldmines.com

Binance Smart Chain eyes major fee reduction amid rising user activity Cryptopolitan News | usagoldm...

BNBInfinity is going global: 420+ BNB staked across Africa, Asia, Europe, and beyond Cryptopolitan M...

TRON Hits 99.7% Block Output – Has the Network Finally Mastered Reliability? Tanzeel Akhtar | usagol...

Bittensor Price Prediction: 10x Incoming? AI Coin Signals Igniting Parabolic Setup Simon Chandler | ...

Chainlink Price Prediction: SXT Airdrop, Whale Buys & What Comes Next for LINK Simon Chandler | ...

Analysts Say XRP Rally Is Just the Start – Price Prediction Models Turn Ultra Bullish Alejandro Arri...

Bitcoin Poised To Retest All-Time High If This Level Holds, Says Bitfinex Jake Simmons | usagoldmine...

Crypto News | Can Ethereum (ETH) Outperform Bitcoin (BTC) in 2025? Jordan Lyanchev | usagoldmines.c...

Crypto News | Anthony Scaramucci Warns Trump’s Crypto Ventures Open ‘Pathways’ for Corruption Wayne...

Strike Launches Lending Service to Unlock Bitcoin Wealth Victor | usagoldmines.com

Leave a Reply