In the Irkutsk region, an energy company was fined 330,000 rubles for illegally renting land for a cryptocurrency mining farm that was supposed to be used for public utilities. This case highlights the issue of illegal mining in Siberia, where cheap electricity and a cold climate attract crypto miners. The growing demand for energy resources is causing instability in the power grids, which forces authorities to introduce temporary bans on mining in some regions.
12/30/2024 4:23:08 PM (GMT+1)
An energy company in the Irkutsk region was fined 330,000 rubles for illegally renting land for cryptocurrency mining, which caused problems with the region’s power supply ⚡


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.