Keywords: boron-doped diamond, insulating side of the Mott transition, transition from valence-band to acceptor-band migration of holes, Nernst-Einstein-Smoluchowski relation, thermal activation energy of hopping conductivity Abstract Ionization equilibrium and dc electrical conductivity of crystalline diamond are considered, for the temperature T j in the vicinity of which valence band (v-band) conductivity is approximately equal to hopping conductivity via acceptors. For the first time, we find explicitly (in the form of definite integrals) the fundamental ratio of diffusion coefficient to drift mobility for both v-band holes and holes hopping via hydrogen-like acceptors for the temperature T j . The known ratios follow from the obtained ones as particular cases. The densities of the spatial distributions of acceptors and hydrogenlike donors as well as of holes are considered to be Poissonian and the fluctuations of electrostatic potential energy are considered to be Gaussian. The dependence of exchange energy of v-band holes on temperature is taken into account. The thermal activation energy of hopping conduction as a function of the concentration of boron atoms (as acceptors) is calculated for temperature T T 2 j 3 » . Without the use of any adjustable parameters, the results of calculations quantitatively agree with data obtained from the measurements of hopping conductivity of diamond with boron concentration from 3 10 17 to 3 10 20 cm −3 , i.e. on the insulating side of the Mott phase transition.