Russia Imposes 6-Year Crypto Mining Ban in Energy-Hit Irkutsk Oblast

Moscow has enforced a complete ban on crypto mining in several areas of Irkutsk Oblast, a region renowned for its cheap energy and once referred to as the “mining capital of Russia. ” The locality had attracted a growing number of miners in recent years, drawn by the region’s low electricity rates. Initially implemented to limit power consumption during the winter, the crypto mining ban will now be enforced year-round through 2031. This shift comes after federal authorities responded to local requests aimed at alleviating pressure on the region’s electrical grid source: https://news.shib.io/2025/04/09/russia-imposes-6-year-crypto-mining-ban-in-energy-hit-irkutsk-oblast/?utm_source=rss&utm_medium=rss&utm_campaign=russia-imposes-6-year-crypto-mining-ban-in-energy-hit-irkutsk-oblast