In its bids to conserve its electric power supply and reduced the stress placed on the power supply system of the country by crypto miners, the Abkhazia state-owned power company— Chernomorenergo.info, has recently announced the cutting of the electric power supply of 15 mining facilities.
Temporary Measure by Chernomorenergo
Although the measure is a temporary one, this cut off will help towards maintaining an adequate and steady power supply to various households within the country.
According to a recent report released by the state-owned power company Chernomorenergo, the power consumed by the 15 mining farms is equivalent to the one consumed by 1800 households within the country. According to the power company, these 15 are the ones it has identified on its platform so far.
Chernomorenergo revealed via a Facebook post that it will be cutting these 15 mining firms off its mining grids. It was also through this Facebook post that the power company revealed that the power consumed by the mining farms amount to a total of 8,950 kWt.
These were reported to equal the power consumed by 1,800 households, or the administrative region around Abkhazia’s capital, Sukhumi.
Recently, the government of the country announced plans to put an end to cryptocurrency mining with locally produced electricity. This announcement must have been the driving force behind the move by the power distributing company.
Crypto Mining Is Causing More Harm Than Good to Abkhazia
Earlier last year, a report made it known that three mining farms were straining the country’s power supply. Regarding this, Chernomorenergo’s general director Aslan Basaria made some statements.
He stated that:
“For the Abkhaz energy system, mining and crypto-currencies are a big problem… Two [are] on the territory of Sukhumi Physicotechnical Institute (SFTI) in Aguder and Sinope…In the SFTI…uncontrolled consumption of electricity is obtained. Yes, they pay for electricity, so what? But at the same time, there is a load on our networks, the load on our backbone lines, our substations and transformers. This is a load and a blow to an ordinary person, who in winter wants to get light and warmth.”
Unfortunately, no further report was released regarding the actions taken by the authorities to manage the strain caused by these three mining farms