In 2024, illegal mining operations in Russia resulted in significant losses for the country's power grid, prompting authorities to intensify investigations to prevent further violations.
Financial Losses and Uncovered Cases
Rosseti identified and halted 130 cases of illegal power consumption. The hardest-hit regions were Rosseti North Caucasus, Novosibirsk, and Center and Volga Region, with losses of 600, 400, and 120 million rubles respectively. Over 40 criminal investigations were launched.
Infrastructure Issues
Unregistered crypto mining is straining the infrastructure, causing voltage issues and equipment damage. A case in Karachay-Cherkessia revealed a farm with 200 rigs consuming over 12,000 kWh, leading to frequent resident complaints.
Regulation and Future Measures
In November 2024, Russia introduced a registry for crypto miners and a 15% tax. A ban on mining was implemented in ten regions from 2025. Rosseti is focused on enhancing monitoring and collaborating with authorities to combat illegal operations.
Rosseti plans to strengthen control and collaboration with law enforcement to prevent illegal mining, aiding in reducing power grid strain and financial losses.
