<a href="https://ultramining.com/news/en/russia-s-energy-ministry-charges-forward-to-legalize-crypto-mining/" rel="noopener noreferrer nofollow">Russia</a> is facing a growing issue of illegal crypto mining, known as "gray mining", which is being blamed for causing power outages in regions like <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> and Buryatia. Local energy companies report a 160% increase in <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/" rel="noopener noreferrer nofollow">electricity</a> consumption over the past year.
"Gray miners" exploit low residential electricity tariffs, leading to grid overloads and emergency shutdowns. Experts estimate the damage from <a href="https://ultramining.com/news/en/abkhazia-intensifies-crackdown-on-illegal-crypto-mining/" rel="noopener noreferrer nofollow">illegal mining</a> at $200 million annually.
Authorities plan to intensify control measures, introducing fines of up to $15,000 for unlawful mining activities. They are also considering blocking access to equipment and confiscating devices. These actions aim to stabilize the energy system and prevent an energy crisis.

Russia’s “Gray Mining” Causes Power Outages in Regions

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