Cryptocurrency miners account for more than 2% of the total electricity consumed in Russia. This,
He spoke about this during a speech at the discussion platform of United Russia. on the development of blockchain technologies and regulation of digital financial assets.
Do you know how much mining accounts for ingeneral map of electric generation in our country? And I'll tell you: more than 2%. This is more than the cost of electricity for agriculture. We cannot but recognize mining in this sense as an industrial or industry activity.
Vasily ShpakDeputy Head of the Ministry of Industry and Trade
Shpak noted that mining in Russia is stillis in the “gray zone” - it is not taxed and creates risks for the people who engage in it. That is why he believes that this activity can be “whitewashed, regulated, made understandable and transparent for the state.”