Russian bitcoin miners fear that the new mining record may lead to security violations

Russian bitcoin miners are concerned about a government mandate that requires the inclusion of a portfolio in the national registry.

The Russian legislator, Anton Gorlkin, highlighted these concerns about the February 7 telegram mailWarning that geopolitical competitors can take advantage of the leaked addresses. He described this scenario as a major threat, because sanctions can strongly affect mining operations.

According to him:

“Russian miners are concerned about the integrity of some of the very sensitive data collected by the country as part of the new regulation (for example, encryption portfolio numbers) … It is clear that the leakage of information about the governor can be a great gift for our geopolitical opponents. “

Despite these concerns, the Russian Tax Authority told Gorelkin that the record is located in a safe internal system with strict control controls. Officials claim that the risk of leaks is little, but doubts remain as if they are cyber security experts often stressing that there is no completely fortified system of violations.

Gorlkin said:

“Federal Tax Service assured me that information related to encoded currency addresses and cognitive addresses are stored in a separate internal safe system, and access to it is dangerously limited even within the agency, and it is almost impossible to obtain it from abroad.”

These issues appear as bitcoin mining has become a profitable work in Russia, with demand for Industrial mining equipment in Russia rises three times In 2024.

However, the authorities have increased the efforts made to collect information about miners, and they are currently paying to provide a Register at the country level For encryption mining equipment. This step will make the registration mandatory for all mining activities, adding another layer of government audit.

Russian sanctions

Russian miners’ fear of sanctions on a good basis, as Western countries, including the United States, imposed heavy Restrictions on the Russian economyCut access to traditional financial networks. These measures struck major industries such as energy, trade and technology.

Last month, the US Treasury foot A new wave of sanctions aims to reduce energy revenues in Russia. The sanctions will prevent active liquefied natural gas projects, the large Russian oil project, and the third country’s entities that support Russian energy exports.