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⚡️ Miners vs Electricity in Abkhazia: Hot Times 🔥
In Abkhazia, the electricity shortage has reached a new level! Shocking reports indicate that neighbors are burning each other's ASIC miners due to the lack of energy 🏠💥. Yes, such stories are no longer just tales, but reality.
📜 The Parliament of Abkhazia has intensified measures — a bill has been passed for a complete ban on cryptocurrency mining. If finally adopted, criminal liability will threaten those who mine crypto. 🛑
⏳ Interestingly, the ban on mining has been in effect since 2018, but there were still loopholes — electricity could be used from private power plants. Now, it seems that they want to put a big and fat cross on crypto mining.
🧐 The situation looks like a real energy crisis — and it makes one wonder: how far are governments willing to go in the fight against unauthorized mining?
What do you think, friends? Are such methods of solving the problem justified? Or is this already going too far? 🧐
#CryptoNews
#MiningBan
#Abkhazia
#ASIC
In Abkhazia, the electricity shortage has reached a new level! Shocking reports indicate that neighbors are burning each other's ASIC miners due to the lack of energy 🏠💥. Yes, such stories are no longer just tales, but reality.
📜 The Parliament of Abkhazia has intensified measures — a bill has been passed for a complete ban on cryptocurrency mining. If finally adopted, criminal liability will threaten those who mine crypto. 🛑
⏳ Interestingly, the ban on mining has been in effect since 2018, but there were still loopholes — electricity could be used from private power plants. Now, it seems that they want to put a big and fat cross on crypto mining.
🧐 The situation looks like a real energy crisis — and it makes one wonder: how far are governments willing to go in the fight against unauthorized mining?
What do you think, friends? Are such methods of solving the problem justified? Or is this already going too far? 🧐
#CryptoNews
#MiningBan
#Abkhazia
#ASIC
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Australian regulator ASIC has charged former Mine Digital CEO Grant Colthup with $1.47 million fraud.
One of the exchange's customers did not receive his bitcoins after depositing AU$2.2 million, and the money was used to pay off the company's debts.
The case will be heard in December.
#asic #scam #newscrypto $BTC
One of the exchange's customers did not receive his bitcoins after depositing AU$2.2 million, and the money was used to pay off the company's debts.
The case will be heard in December.
#asic #scam #newscrypto $BTC
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Australia Compares Bitcoin to 'Prison Money', Sparking Controversy Over Crypto Regulation
In a recent meeting, Rhys Bollen, head of the digital assets division of the Australian Securities and Investments Commission (#ASIC ) made a controversial comparison, calling Bitcoin "like tobacco used as currency in prison." This statement came as ASIC is discussing the application of the Non-Cash Payment Facility (NCP) law to digital assets, provoking strong reactions from the crypto community.