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Georgia targets illegal crypto mining after Mestia power surge
2 June 2026 at 18:45
Georgia will install meters in Mestia after officials said illegal crypto mining drove 2025 power use to 133M kWh and caused $9.4M losses.
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- New AI-compute cryptocurrency Pearl sparks a GPU mining rush but profitability is already sliding β RTX 5090 daily revenue has halved to $17.19 since April
New AI-compute cryptocurrency Pearl sparks a GPU mining rush but profitability is already sliding β RTX 5090 daily revenue has halved to $17.19 since April
31 May 2026 at 16:40
A new cryptocurrency called Pearl has set off a short-lived GPU mining rush.
