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Russia Eyes Crypto Mining Ban Near Moscow Until 2032 Amid Power Concerns


Russia Eyes Crypto Mining Ban Near Moscow Until 2032 Amid Power Concerns

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  • Russia may ban crypto mining near Moscow until 2032 as power-grid pressure grows.
  • Mining operations in Moscow and nearby regions reached a combined power capacity of 734 megawatts.
  • New restrictions show legal mining is narrowing in power-stressed regions.

Russia is moving closer to another major regional restriction on crypto mining, this time near its political and economic center. A government commission on electric power development has recommended banning mining in Moscow, Moscow Oblast, and selected parts of Kursk Oblast until 2032.

The recommendation follows growing concern over electricity demand from data centers and mining-linked infrastructure. Deputy Energy Minister Yevgeny Grabchak said the commission backed the restriction after reviewing pressure on local power networks.

Moscow Grid Strain Pulls Mining Ban Debate to the Capital

According to the …

Read The Full Article Russia Eyes Crypto Mining Ban Near Moscow Until 2032 Amid Power Concerns On Coin Edition.

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