"The Ministry of Energy, together with energy companie
Posted: Sun Jan 19, 2025 2:30 pm
Deputy Prime Minister of the Russian Federation Alexander Novak held a meeting of the Government Commission on the Development of Electric Power Industry. Its participants discussed the conditions for introducing a ban on digital currency mining in the territories of the constituent entities of the Russian Federation with a difficult regime-balance situation in the electric power industry, in particular where a deficit of electricity and capacity is predicted during the autumn-winter heating period.
It is planned to introduce such a indonesia telegram ban on the territory of the entire Irkutsk region, individual parts of the Republic of Buryatia and the Zabaikalsky Krai until 2031 during the autumn-winter heating period. In addition, it is proposed to introduce restrictions on mining activities until 2031 on the territories of the Republic of Dagestan, the Republic of North Ossetia-Alania, the Republic of Ingushetia, the Chechen Republic, the Kabardino-Balkarian Republic, the Karachay-Cherkess Republic, as well as on the territories of the Donetsk People's Republic, the Lugansk People's Republic, the Zaporizhzhya and Kherson regions.
s, as well as other interested federal and regional authorities, has been instructed to work out issues of introducing a mechanism for monitoring the implementation of the ban, releasing the used electrical capacity of consumers engaged in mining activities for the technological connection of other consumers, especially those with a socially significant status, as well as introducing a ban in other regions, including those where programs to improve the reliability of the electric grid complex are being implemented, financed from budgetary funds," the government said in a statement.
The Ministry of Energy, the administration of the Irkutsk region, the republics of Dagestan and North Ossetia-Alania, the press service of the Zaporizhzhya region, the Lugansk People's Republic, the press service of the head and government of the Karachay-Cherkess Republic, the government of the Donetsk People's Republic, the Industrial Mining Association, Intelion Data Systems LLC, and BitRiver Rus LLC did not respond to questions from a ComNews correspondent.
Executive Director of the Russian Association of Cryptocurrency and Blockchain (RACIB) Alexander Brazhnikov noted that no matter what anyone wants or plans, restrictions as a market regulation tool will always exist: "Practice will show to what extent they will be applied: either people will freeze and industry will come to a standstill for the sake of cryptocurrency, or a reasonable compromise will be found. Mining as an industry has emerged and is developing so rapidly that the domestic energy sector, often considered redundant, is faced with a very tough choice. We cannot freeze people and not develop production. At the same time, we have nowhere to get resources for the same rapid development of the energy sector right now. But, it seems to me, the situation is not hopeless."
It is planned to introduce such a indonesia telegram ban on the territory of the entire Irkutsk region, individual parts of the Republic of Buryatia and the Zabaikalsky Krai until 2031 during the autumn-winter heating period. In addition, it is proposed to introduce restrictions on mining activities until 2031 on the territories of the Republic of Dagestan, the Republic of North Ossetia-Alania, the Republic of Ingushetia, the Chechen Republic, the Kabardino-Balkarian Republic, the Karachay-Cherkess Republic, as well as on the territories of the Donetsk People's Republic, the Lugansk People's Republic, the Zaporizhzhya and Kherson regions.
s, as well as other interested federal and regional authorities, has been instructed to work out issues of introducing a mechanism for monitoring the implementation of the ban, releasing the used electrical capacity of consumers engaged in mining activities for the technological connection of other consumers, especially those with a socially significant status, as well as introducing a ban in other regions, including those where programs to improve the reliability of the electric grid complex are being implemented, financed from budgetary funds," the government said in a statement.
The Ministry of Energy, the administration of the Irkutsk region, the republics of Dagestan and North Ossetia-Alania, the press service of the Zaporizhzhya region, the Lugansk People's Republic, the press service of the head and government of the Karachay-Cherkess Republic, the government of the Donetsk People's Republic, the Industrial Mining Association, Intelion Data Systems LLC, and BitRiver Rus LLC did not respond to questions from a ComNews correspondent.
Executive Director of the Russian Association of Cryptocurrency and Blockchain (RACIB) Alexander Brazhnikov noted that no matter what anyone wants or plans, restrictions as a market regulation tool will always exist: "Practice will show to what extent they will be applied: either people will freeze and industry will come to a standstill for the sake of cryptocurrency, or a reasonable compromise will be found. Mining as an industry has emerged and is developing so rapidly that the domestic energy sector, often considered redundant, is faced with a very tough choice. We cannot freeze people and not develop production. At the same time, we have nowhere to get resources for the same rapid development of the energy sector right now. But, it seems to me, the situation is not hopeless."