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

Prohibition on Crypto Mining in Russian Data Centers: Legislative Amendments

user avatar

by Giorgi Kostiuk

6 hours ago


Russian authorities are set to ban cryptocurrency mining in data centers to enhance the country's capabilities in big data and artificial intelligence. The new draft law is already in progress.

Objectives of Mining Ban in Data Centers

The ban on cryptocurrency mining in data centers is motivated by the need to prevent the exploitation of beneficial electricity intended for AI development and data storage. This measure aims to support further digital advancements in Russia.

Amendments to the Data Center Law

The draft law includes modifications that designate data centers as communication facilities. These entities will not be allowed to have mining infrastructure or engage in mining activities. The State Duma is expected to vote on these amendments by the end of this month.

Impact on Mining and Data Center Industry

Many data center operators have mining hardware, and the new prohibition may lead to financial losses for these companies. The future will reveal how these measures develop and their overall effect on the industry.

The ban on mining in data centers in Russia reflects an effort to optimize the use of the country's resources amid the growing demand for computing power. The implications of these measures for the cryptocurrency and data center markets require further examination.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ethereum's New Achievements in Staking Could Impact the Market

chest

Ethereum has recorded a significant 29.26% staking level, reflecting investor confidence and potential impact on ETH price.

user avatarGiorgi Kostiuk

Ruvi AI (RUVI) Attracts Attention as a Potential Crypto Leader

chest

Ruvi AI stands out in the cryptocurrency crowd for its security, real-world utility, and high growth potential.

user avatarGiorgi Kostiuk

Cardano Displays Significant Market Growth

chest

Cardano (ADA) has surged over 18%, now trading at $0.7462. Trading volume has increased by 115%.

user avatarGiorgi Kostiuk

Binance Disputes Involvement in USD1 Stablecoin Linked to Trump Family

chest

Binance has denied its involvement in the development of the USD1 stablecoin associated with the Trump family, igniting controversy in the crypto industry.

user avatarGiorgi Kostiuk

Tether Discontinues Support for USDT on Five Chains: Impacts on Users

chest

Tether freezes USDT tokens on five chains, focusing on TRON and Ethereum, effective September 1.

user avatarGiorgi Kostiuk

Bitcoin Surpasses $118,000: Records and Projections

chest

Bitcoin has hit a record high above $118,000 amid rising institutional interest and strong market momentum.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.