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10/8/2024 12:23:18 PM (GMT+1)

Russian authorities will introduce a separate category of electricity consumers for cryptocurrency miners ⚡️ to prevent network overload caused by a 150% increase in energy consumption in Irkutsk and Buryatia.

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Russian authorities are considering the introduction of a separate category of electricity consumers for crypto miners. This step is aimed at regulating energy consumption and preventing crises in regions where mining is overloading the power grid.

According to Deputy Energy Minister Evgeny Grabchak, the uncontrolled growth of cryptocurrency mining could lead to a shortage of electricity. In regions such as the Irkutsk region and Buryatia, energy consumption by miners has increased by 150% over the past year.

The new category will allow miners to be limited or disconnected during peak load hours. The bill is expected to be submitted to the State Duma in the coming months.


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



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