• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Mining Regulations in Russia: Putin Takes Steps to Protect Energy System

user avatar

by Giorgi Kostiuk

a year ago

  1. Energy Crisis and Mining
  2. Government's New Measures
  3. Expert Opinions


    4. Russian President Vladimir Putin announced power grid overloads in some regions due to Bitcoin mining and revealed new regulations for miners.

    Energy Crisis and Mining

    According to reports from the Irkutsk region, mining has caused a 160% increase in energy consumption, leading to power outages. Similar issues have been observed in other regions.

    Government's New Measures

    In response to these problems, the Russian government is introducing mining regulations and plans to provide excess energy to miners in different regions. These measures aim to balance the energy system and prevent further disruptions.

    Expert Opinions

    Experts note that Russia has become one of the leading mining centers after China's ban. Regulation will help structure the industry and reduce infrastructure strain.

    Regulation will help structure the industry and reduce infrastructure strain.Expert

    The new measures by the Russian government aim to address energy issues and stabilize the country's energy system through mining regulation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Avalanche and Hyperliquid Lead Altcoin Rally Following Fed Rate Cut

chest

Avalanche (AVAX) and Hyperliquid (HYPE) led a significant rally in altcoins following the Federal Reserve's quarter-point rate cut, with AVAX rising 101% and HYPE jumping 72%.

Ayman Ben Youssef

CEO of Praetorian Group International Pleads Guilty to Fraud Charges

chest

Ramil Ventura Palafox, CEO of Praetorian Group International, pleaded guilty to wire fraud and money laundering in a Ponzi scheme that defrauded over 90,000 investors, resulting in losses of at least $62 million.

Tando Nkube

ASIC Provides Regulatory Relief for Stablecoin Distribution

chest

ASIC has announced regulatory relief for stablecoin intermediaries, allowing distribution of stablecoins from licensed providers without separate financial services licenses.

Kofi Adjeman

SafeMoon CEO Convicted, Raising Concerns Over DeFi Accountability

chest

Braden John Karony, CEO of SafeMoon, was convicted on fraud and money laundering charges, prompting increased scrutiny of token promoters in the U.S.

Nguyen Van Long

Analysts Boost Price Targets for Alphabet GOOGL Stock

chest

Following recent gains, analysts have raised their price targets for GOOGL stock, reflecting optimism about its future.

Wei Zhang

Lyft and Waymo to Launch Autonomous Ridehailing Service in Nashville

chest

Lyft and Waymo announced a partnership to launch an autonomous ridehailing service in Nashville, leading to a 13% increase in Lyft's stock.

Satoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.