💡 Russia bans cryptocurrency mining in a number of regions!
From January 1, 2025, mining in Dagestan, Chechnya, Ingushetia and other republics of the North Caucasus is officially banned 🚫. The restrictions also affected parts of the Irkutsk region, Buryatia and the Zabaykalsky Krai during periods of peak energy consumption 🌡️⚡.
Why is this important?
The government is seeking to maintain an energy balance by protecting industry and residents from grid overloads ⚖️. Decisions will be adjusted by a special commission depending on changes in energy demand 📊.
⏳ Time range: the ban will last until March 15, 2031.
🚀 And how will this affect the crypto industry? Miners will be forced to look for new regions or switch to more energy-efficient technologies.
Write in the comments what you think about this step! 💬