Last year, Georgia set a record for digital currency mining. The country's miners used about 5% of all electricity produced — 675 million kWh, which is almost 80% more than the year before. The sharp increase is due to the legalization of mining and attractive electricity tariffs.
The country is actively attracting international companies looking for favorable working conditions. Among them is the largest blockchain company, Bitfury, which has located its farms here. Legalization and a stable energy base create unique opportunities for business expansion in the field of crypto mining.
The growth of mining coincided with the historical jump in Bitcoin, which reached $126,000 last year. This dynamic shows that Georgia is gradually becoming one of the leaders in the global digital currency industry.
Now on home
Food and raw materials are becoming more expensive faster than expected, despite cheaper imports
Gojo&Company Sees Long-Term Potential in the Georgian Economy and Financial Sector
Revenue from foreign visitors may break historical record as early as 2026
Deposits of the population and businesses are growing at double-digit rates, despite a decrease in term deposits
The Monitoring Service oversees electric scooters and compliance with the rules
Vaziani will accommodate four times more passengers than the current airport
Two stations in the city are preparing for major repairs
Fines will be reinstated in case of violations
Until March 15, 2026
Cars accounted for 90% of all Georgian supplies to Tajikistan
The terms of reference are ready
This is an analogue of the American DOGE
