Several Crypto Mining Operations Busted in Russia

Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions on a proposal to introduce criminal liability for miners breaking the upcoming legislation for the industry. ‘Underground’ Crypto Mining Farms Shut Down Across [...]

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Russia bans crypto mining for 6 years in 10 regions

Russias key crypto mining regions like Irkutsk will enforce seasonal mining restrictions instead of originally proposed complete bans.

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Russia plans to restrict crypto mining in 13 regions to save electricity

If approved, the restrictions would seriously affect Russias crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.

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