Regulation· ★★★· bearish·

Russia's FAS proposes banning energy firms from operating mining infrastructure

  • FAS proposes banning energy companies from operating mining infrastructure
  • The load from data centers and mining in Russia reaches 4 GW — 2% of energy consumption
  • By 2042, mining, data centers and AI will account for 27% of the country's energy consumption
  • The bill will be put out for public discussion in the near future
Why it matters: Restricting miners' access to energy capacity will increase pressure on the industry in Russia and accelerate the shift of capacity to AI loads.
Source: Bits.media