Ban on Crypto Mining in Residential Areas Proposed in Russia – Mining Bitcoin News

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Ban on Crypto Mining in Residential Areas Proposed in Russia – Mining Bitcoin News
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Russian officials push for a ban on crypto mining in residential areas.

The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on the grid causing breakdowns and blackouts.State Council

The idea is to completely prohibit the production of cryptocurrencies in apartment blocks and houses in the country, or at least in parts of Russia experiencing energy deficits. Among them are Moscow and the Moscow Oblast, the region adjacent to the Russian capital. The energy experts also suggested that the federal government should grant regional authorities powers to impose additional taxes on cryptocurrency mining, the daily Izvestia revealed in a report, quoting the minutes from a meeting of the committee held in mid-December.

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