The government's concerns about the crypto mining sector's high energy demands have prompted a temporary ban in key regions.
Russian crypto miners may ditch fossil fuels for renewable power in a bid to avoid regional bans, an energy industry insider ...
The Russian government has completely banned cryptocurrency mining in 10 Russian regions and territories for a period of six ...
Russian firms embrace Bitcoin for cross-border payments to bypass sanctions, amid new crypto laws and mining restrictions ...
Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
Power providers in the Siberian crypto mining hotspot of Irkutsk have discovered an illegal mining “farm” operating on their ...
The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry's high power consumption, ...
Russia to ban crypto mining from January 2025 in specific regions to address energy issues, affecting key areas like Dagestan ...
The Russian government has banned crypto mining in ten regions for a period of six years, according to reporting by the state ...
Russia enforces crypto mining bans and restrictions to stabilize energy demands, affecting 10 regions starting January 2025.
The Russian government has been a historic opponent of bitcoin, banning its use for domestic payments, but has recently come ...
But many in Siberia have blamed crypto miners for power outages and grid instability that can cause significant harms during winter months. But Russia presumably gets no taxes on illegal crypto ...