In July, President Putin warned that illegal crypto mining consumes 'almost 1.5 percent of Russia's total electricity consumption,' highlighting the growing concern over its impact on the power supply.
Despite government efforts to shut them down, illegal crypto mines in Irkutsk continue to thrive, with operations often going underground to evade detection from authorities.
Next year, Russia will implement a six-year ban on crypto mining in 10 regions and impose seasonal restrictions, aiming to mitigate the power disruption caused by mining.
Last year, authorities confiscated hundreds of crypto mining rigs in Irkutsk in response to the significant intrusion of illegal mining operations on power grids.
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