President of Russia Vladimir Putin and his team supported the development of mining in the country. He discussed the prospects of the cryptocurrency mining industry in a meeting with the head of the faction of the 'New People' party in the State Duma, Alexey Nechayev.

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First of all, the head of state noted that in some regions there is already a shortage of electricity due to mining. According to Nechayev, this activity should be conducted in surplus areas, while significantly increasing the volumes of mining.