
Bitcoin.com News|Apr 24, 2025 07:32
🇷🇺 Russia is tightening the reins on bitcoin mining! Three regions—Karelia, Penza, and Khakassia—are seeking to limit mining activities due to energy scarcity and infrastructure issues.
These areas have faced significant power outages, with Penza seeing a 70% increase in household power consumption, likely due to illegal mining operations.
While it’s unclear if the restrictions will be a full ban or seasonal, these regions join others like Dagestan and Chechnya in enacting similar measures.
Critics warn that these bans could push miners underground, complicating regulation and energy management. However, some regions, like Siberia, are already seeing positive results, with a decrease in energy load.
What do you think about Russia's approach to bitcoin mining? Let us know! 👇
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