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Cryptocurrencies: 29371
Markets: 112824
Market Cap: $2,188,419,672,046     
24h Vol: $49,917,473,856
Bitcoin.com 2022-12-08 05:00:49

Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage

Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a bill designed to regulate the sector which is likely to be adopted this year. Russian Energy Ministry Forecasts Rise in Crypto Mining’s Electricity
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