Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town
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A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local…
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Georgia’s crypto mining economy has evolved into a global leader in recent years, largely because of low taxes and affordable electricity rates, as well as a libertarian regulatory environment.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
Pakistan is working towards becoming a haven for crypto mining. One way it plans to achieve this feat is to introduce special electricity tariffs that will leverage the country’s excess energy generation capacity. Transforming Pakistan’s Liabilities to Assets Local news outlet Dawn reported that Pakistan’s Power Division has begun to…