It has to be said that the fighting nation is strong. According to Bitcoin.com, Russian President Vladimir Putin delivered an important speech at the plenary session of the 8th Eastern Economic Forum, officially confirming for the first time that Russia has become one of the global leaders in Bitcoin mining.
According to data from Sergey Bezdelov, chairman of the Industrial Mining Association, Russia's Bitcoin production reached 54,000 BTC in 2023, contributing more than $550 million in tax revenue to the country. In his speech, Putin clearly pointed out: "Russia is currently one of the global leaders in mining, which stems from the surplus energy production capacity in the Siberian region."