The Russian government has identified a list of regions in which cryptocurrency mining will be partially or completely limited.

From December 1, 2024 to March 15, 2025, a ban on mining will be introduced in a number of cities and districts of the Irkutsk region, Buryatia and Trans-Baikal Territory. The ban will be introduced every year from November 15 to March 15 until 2031. This is due to the upper connection to the network in winter.

In the Karachay-Cherkess, Kabardino-Balkarian Republics, North Ossetia-Alania, Ingushetia, Chechnya, Dagestan, Kherson and Zaporozhye regions, the DPR and LPR, they propose introducing a complete ban on mining from December 1, 2024 to March 15, 2031.

The main purpose of these bans is to force miners to move to other regions with excess energy capacity.

It is worth noting that the ban has not yet been officially introduced by the governors of the heads of Ingushetia and North Ossetia. [Коммерсантъ]






Source: Iphones RU

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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