**Russia Extends Crypto Mining Ban for Up to 6 Years, Energy is the Main Reason! 🚫**
- Latest news from Russia, the government has extended the ban on crypto mining in several regions for up to six years! Starting from January 1, 2025 to March 15, 2031, regions such as Dagestan, Chechnya, and others must refrain from crypto mining activities.
- Why? High energy consumption is a headache! Crypto mining sucks up 1.5% of Russia's total energy consumption. This is a problem, especially in extreme climates.
- But don't worry, Russia is still pro-crypto! They have just legalized crypto mining and introduced a mandatory registration service. So, who knows, there might be other surprises in the future!
What do you think? Is this the right step or is it just a headache? Let's discuss in the comments column!