Russia has announced a six-year ban on cryptocurrency mining across 10 regions, a move that could significantly impact Bitcoin mining prices and global operations. This decision is part of a broader regulatory effort to control digital currency activities within the country. The ban is expected to disrupt the mining industry, potentially leading to increased costs and operational challenges for miners worldwide. As Russia is a key player in the global mining landscape, this development may further exacerbate the existing volatility in the cryptocurrency market, raising concerns among investors and stakeholders.
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