Mining News

The largest operator of the power network in Russia eyes mining, encryption to increase revenues

Russia’s largest power network in Russia explores ways to take advantage of the cryptocurrency mining sector by taking advantage of the unexploited energy resources.

Company the goal To use excess power capacity from low -loaded centers to support mining operations, a step that can increase their revenues and contribute to local economic growth.

Thanks to its extensive infrastructure and technical expertise, RosSeti places itself as a possible central regulator for mining facilities in Russia.

The operator indicated that its power network is already equipped to deal with intensive mining requirements, using advanced systems to ensure the distribution of reliable and maintenance of stability across the regions.

Part of the strategy under discussion includes providing a specialized tariff for miners in the cryptocurrency, allowing better energy demand management. This is in line with the broader framework set by the recent encryption mining regulations in Russia, which limits the wide -ranging processes to registered entities and businessmen.

However, the challenges remain. To treat energy shortages, Russia has announced restrictions on mining in specific areas, which is scheduled to enter in 2025 and continue until 2031. Nevertheless, a Russian initiative of the growing industry indicates.



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