Recent regulations emerging from Russia indicate a significant shift in the country’s stance on cryptocurrency mining. Effective January 1, 2025, mining activities will be entirely prohibited in ten specified regions, including Dagestan, Ingushetia, and the Donetsk People’s Republic. This comprehensive ban will remain in effect for six years, concluding on March 15, 2031. These regions have been identified as critical zones where energy consumption management is necessary to prevent power disruptions.
The implementation of these restrictions correlates with the recent cryptocurrency mining legislation that received presidential assent in late 2024. Additionally, seasonal constraints will be applied to major mining areas to ensure the stability of the energy grid. This regulatory approach underscores Russia’s intent to balance technological advancement in the crypto space with the need for sustainable energy practices and grid reliability.