Authorities in Irkutsk Oblast, Russia, have identified over 8,000 illegal crypto mining locations, leading to increased energy consumption and shortages.
Number of Illegal Crypto Farms in Irkutsk
According to local energy company Irkutskenergosbyt, more than 8,000 illegal mining spots have been documented in the region, with approximately 1,500 registered in Irkutsk and 1,700 in the Irkutsky District.
Authorities' Response to Illegal Mining
Since 2024, cryptocurrency mining has been recognized as legal in Russia. However, recent energy crises have compelled federal authorities to impose temporary or permanent bans on mining in several regions, including Irkutsk. Russian President Vladimir Putin emphasized the need for a balanced approach in utilizing the country's resources.
Future of Legal Mining in Russia
The measures taken to combat illegal mining may influence future legislative initiatives aimed at protecting energy infrastructure and optimizing resource use. Lawmakers are reviewing initiatives that will enhance oversight of mining in data centers while tightening penalties for violations.
The situation with illegal mining in Irkutsk highlights the need for regulation in Russia. The actions taken aim to improve the energy situation and prevent further shortages.
