✉news BusinessCrypto first seen 3 d ago, last 3 d ago, peak #8
Russia's new mining rules raise power cutoff fears
Original: Russia’s new mining rules: Can Bitcoin miners lose power?
Russia has introduced new rules for cryptocurrency mining, and the central question is whether authorities can now cut off electricity to Bitcoin miners. The rules appear to give regulators clearer grounds to restrict or disconnect mining operations, particularly in regions where energy supplies are strained. Commentators in the crypto industry are watching closely, since Russia became a major mining hub after China banned the practice, and any power restrictions could push miners to relocate again.
Why now: New regulatory rules in Russia could allow authorities to cut electricity to Bitcoin miners, affecting a major mining hub.
RussiaBitcoincryptocurrency miners
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