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via CoinDesk · By CoinDesk Staff
Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
BTC
BTC/USDT
$63,130.01
+0.08%
$63,130.01
+0.08%
(24s)24h Volume
$2,520,454,384.67
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(03:21 PM UTC)
1 min read
Summary
- Moscow and parts of Kursk banned crypto mining and pool participation through Dec. 31, 2032, under government decree No. 936 to preserve power grid stability.
- The Energy Ministry enacted the year-round restriction to mitigate power-capacity shortages as energy-intensive mining facilities continue to strain regional grids.
- This decision follows…
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