In Makhachkala, miners stole electricity worth 180 million rubles

“Another large cryptocurrency farm has been discovered in Makhachkala. It consisted of 408 cryptocurrency mining devices. The volume of stolen energy resources amounted to more than 27 million kilowatt-hours! “This is not just a violation of the rules, but a crime against all residents of Dagestan,” Gadzhiev wrote.

According to him, the damage caused by the crypto farm’s activities amounted to more than 180 million, and illegal connections cause network overloads and emergency outages, which ordinary citizens suffer.

Gadzhiev recalled that to reduce the load on the power grid, the Russian government has banned cryptocurrency mining in Dagestan until April 2031.

Previously, on December 24, the Cabinet of Ministers approved the list of regions where the ban on cryptocurrency mining will be introduced from January 1, 2025 to March 15, 2031. “Digital currency mining, including participation in a mining group” in the regions of Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, DPR, LPR, Zaporozhye and Kherson.

Additionally, cryptocurrency mining will be limited in some territories of the Irkutsk region, Buryatia and the Trans-Baikal Territory. The ban in these regions will be in force during the peak of energy consumption: in 2025 they will fall from January 1 to March 15, in subsequent years – from November 15 to March 15.