The Russian authorities plan to introduce the south of the Irkutsk region, Buryatia and Transbaikalia on the list of territories where mining is prohibited.
Russian Deputy Prime Minister Alexander Novak said that the Ministry of Energy proposed banning cryptocurrency mining in a number of regions since December 2024, correspondent reports The Moscow Post With reference to RBC.
He told the publication that by itself the consumption of electricity with mining is useful, but only where there are free capacities, which has a positive effect on the uniform load of generation and generally leads to a specific decrease in costs.
However, it is bad when mining eats all free capacities and does not allow you to connect new consumers to electric networks, Novak emphasized.
Previously, the publication “Kommersant” It was reported that from December 1, in several regions, restrictions on cryptocurrency mining may be introduced.
According to the publication, a number of cities and areas of the Irkutsk region, Buryatia and the Trans -Baikal Territory may fall under the restrictions.
The authorities plan to introduce a complete ban on mining in the Karachay-Cherkess and Kabardino-Balkarian republics, North Ossetia, Ingushetia, Chechnya, Dagestan, Kherson and Zaporizhzhya regions, as well as in the Donetsk and Lugansk People’s Republics.
On November 12, the Ministry of Finance of Russia reported the media that the start of changes in the taxation of digital currency mining and cryptocurrency mining since 2025.