Russia Bans Bitcoin Mining in Regions to Balance Energy Demand

While Russia has formally legalized Bitcoin mining, it is imposing restrictions on such activities in certain regions until 2031 in order to balance energy demand. According to a recent report by the TASS news agency, the Russian government has passed a resolution to ban Bitcoin mining in Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, Donetsk, […]

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