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BTCUSD Dips as Georgia Cracks Down on Illegal Mining Grid Overload

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Georgia plans to install electricity meters in Mestia to combat widespread illegal Bitcoin mining, which officials claim is overloading the power grid and causing significant financial losses.
  • The government aims to curb excessive energy consumption while maintaining current subsidies for legitimate local residential usage.
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BTCUSD price history

77906.36 +16.29% over the displayed period

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