Russia's Winter Crypto Mining Freeze! ❄️
In a chilly twist, Russia is hitting pause on crypto mining in several regions this winter to save energy. The ban affects Siberia's Irkutsk and Zabaikalsky regions, parts of Buryatia, and six North Caucasus areas, including Chechnya and Dagestan. Even the Russian-controlled Ukrainian regions are on the list!
From December 1 to March 15, 2025, Siberia will go quiet, with annual restrictions until 2031. Meanwhile, North Caucasus and occupied Ukrainian regions face a year-round ban starting December 2024.
Despite the freeze, Russia remains a crypto mining powerhouse, second only to the U.S. Stay warm, Bitcoiners! 🌟