Bitcoin

Russian President Vladimir Putin has stated that <a href="https://ultramining.com/news/en/russias-bitcoin-gold-rush-mining-machine-influx-outpaces-rest-of-the-world/" rel="noopener noreferrer nofollow">Bitcoin miners</a> are overloading the power grid, leading to <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/" rel="noopener noreferrer nofollow">electricity</a> outages in some regions. In response, the government is introducing mining regulations and offering miners excess energy in other areas.
Previously, residents of the <a href="https://ultramining.com/news/en/irkutsk-governor-calls-for-tighter-crypto-mining-regulations-amid-tax-shortfalls-and-energy-crisis/" rel="noopener noreferrer nofollow">Irkutsk</a> region reported a 160% increase in energy consumption due to mining. The new measures aim to balance the energy system and prevent further disruptions.
Experts note that <a href="https://ultramining.com/news/en/russia-s-energy-ministry-charges-forward-to-legalize-crypto-mining/" rel="noopener noreferrer nofollow">Russia</a> has become one of the leading mining centers after <a href="https://ultramining.com/news/en/immersion-cooling-transforms-chinas-crypto-mining-landscape/" rel="noopener noreferrer nofollow">China</a>'s ban, and regulation will help structure the industry and reduce infrastructure strain.

Putin Warns: BTC Miners Causing Power Outages in Russian Regions

Ultramining_Eng

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