Saturday, May 28, 2022

Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests

The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Miners extracting digital currencies account for more than 2% of the total volume of electricity […] The post Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests first appeared on PR Business News Wire.
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