Regulation· ★★★· bearish·

Russia Tightens Grid Rules for Crypto Miners, Allowing Power Cuts

  • —Decree No. 1300 of October 6 limits miners to the fourth reliability category
  • —The Energy Ministry announced the change on October 9
  • —Russia accounts for 18.1% of global hashrate at 170 EH/s, second only to the US
  • —Mining bans run in Moscow, Kursk region, parts of Siberia and the North Caucasus until December 2032
Why it matters: Russian miners lose guaranteed power supply, risking downtime, lost revenue and relocation of hashrate to other regions.
Source: BitcoinBázis