The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already at capacity, leaving risks of blackouts if a cold snap hits. The Republic Of Where Now? Abkhazia is a de facto republic on the eastern coast of the Black Sea. It was formally a part of Georgia, although only Russia and certain other countries recognize it as aRead MoreThe post Cryptocurrency Mining Could Crash The Entire Power Grid Of Abkhazia appeared first on Bitcoinist.com.
