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Georgia Announces Crackdown on Illegal Bitcoin Mining

Georgia's vice prime minister announced new measures to curb illegal mining operations he said are straining the country’s electricity grid and causing an estimated $9.5 million in annual damages, according to local reports.

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cryptobriefing.com

cointelegraph.com

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cointelegraph.comStai leggendo2 mesi fa

Georgia Announces Crackdown on Illegal Bitcoin Mining

originale

cryptobriefing.com2 mesi fa

Georgia cracks down on illegal crypto mining in Mestia with mass meter installation

Georgia deployed meters across Mestia after illegal mining drove consumption to 133M kWh in 2025—13x comparable towns, costing GEL 20-25M. Signals government control of high-power distributed workloads; precedent for regulating crypto and AI on constrained grids.

Timeline cronologica

lunedì 1 giugno 2026·cryptobriefing.com
Georgia cracks down on illegal crypto mining in Mestia with mass meter installation
Georgia launches mass electricity meter installation in Mestia to combat illegal crypto mining that consumed 13x more power than similar municipalities.
martedì 2 giugno 2026·cointelegraph.com
Georgia Announces Crackdown on Illegal Bitcoin Mining
Georgia's vice prime minister announced new measures to curb illegal mining operations he said are straining the country’s electricity grid and causing an estimated $9.5 million…