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Abkhazia to Build New Crypto Mining Technopark – and a Power Station to Fuel it
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The fate of Bitcoin (BTC) and crypto mining in the de facto Caucasus-based state of Abkhazia has taken another bizarre turn after the government announced it would be building a new IT park dedicated to mining tokens.
EADaily reported that the President of Abkhazia, Aslan Bzhania, made the announcement on a visit to the Gudauta and Gagra regions, where he announced that a new Gyachripsh-based substation would be put to use – to power “a technopark for cryptocurrency mining.”
The same media outlet quoted the Deputy Prime Minister of Abkhazia and the Minister of the Economy Christina Ozgan, as explaining that a new substation near existing power plants or increased capacity at existing stations would be needed.
Indeed, Bzhania appears to have
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