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Russia Institutes Partial Ban on Crypto Mining to Control Energy Use, Tass Reports

Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: TassTemporary bans may be imposed in other regions during peak energy demand, Tass reported Dec 24, 2024, 10:12 a.m. UTCThe Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry's high power consumption, Tass reported.The ban, which includes participation in a mining pool and temporary restrictions in other regions during periods of peak demand, takes effect Jan. 1 and ends March ...

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